$MSTR buyers are still not showing any concerns they have towards $BTC and have bought the dip. Price is already testing the First Target again now......remember, $MSTR front ran the $BTC move from the 200 Day MA to the $69.1k level too.
What will be interesting to see now is how $MSTR handles the second test of the First Target, another rejection here and we will likely get a pull back here too, which is why I have added in the White Fibs levels, paying particular attention to the 0.5 Fib at the triangle breakout level at $170.....this would also align with $BTC pulling back to its 200 Day MA too.
Georgette
2024-10-31 09:57:36 +0000 UTC