BTCFREE
2024.10.17 14:31

$Strategy(MSTR.US) previously mentioned a target price range of $110,000-$120,000 for Bitcoin's future trend. Today, we conducted a precise calculation: if the market rally progresses smoothly here, the first target price would be $110,800. On this basis, if the strong market trend continues, the second target price would be $146,900. Considering the overall trend, the probability of reaching the second target price is not small~

Note: This should not be used as a basis for trading, especially for short-term operations~

LongPort - BTCFREE
BTCFREE

$Strategy(MSTR.US) Let me explain my core logic for holding MSTR. Since setting an investment strategy focused on Bitcoin at the end of last year, I've devoted most of my energy to Bitcoin and related crypto stocks in the first half of this year, riding through the first half of the crypto bull market (as I define it for now). My strategy for the second half won't change—I still believe Bitcoin's bull run isn't over. My minimum price target for the second half is $110K–120K ($110K based on Elliott Wave Theory and $120K on Dow Theory). Given this target and MSTR's status as a loyal BTC holder, I'll continue holding it firmly in the second half. If there are good opportunities during volatility, I might add to my position. Also, Bitcoin's path to the target won't be smooth—it'll be full of volatility and deception, which is why I use technical analysis tools. So, no matter how volatile it gets, I won't pay too much attention to the process. That's about it~

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