MicroStrategy Leads the Way

Today, I joined my friend Patrick on Chart Request Live, discussing all the ticker symbols from the chat.

Click here to watch the replay.

One major topic we discussed at the end of the show was crypto and some equity vehicles to gain exposure to it.

One that stood out was MicroStrategy $MSTR, which continues to show impressive relative strength.

As you can see, MSTR is consolidating above its prior cycle peak as it flirts with new all-time highs.

Meanwhile, Bitcoin continues to consolidate below $70,000, putting it beneath all that overhead supply from the prior cycle.

In addition, MSTR has acted as a leading indicator in the past and I don’t think this time will be any different.

If MSTR can break out with authority, it should only be a matter of time before Bitcoin follows the same path and completes this historic base.

If and when that happens, I want to be long the best-performing and most-leveraged vehicles to bet on higher BTC prices.

That’s exactly what MSTR offers. 

I’m long Michael Saylor and co on a breakout above 200.

Alfonso