Keep an eye on MicroStrategy (MSTR).

For one, after dropping from about $480 to a low of $307, the MSTR stock is starting to pivot higher again. Two, it’s pivoting from over-extensions on RSI, MACD, and Williams’ %R.  And three, with Bitcoin showing signs of rebounding, the company just increased its stake in BTC to $4.68 billion, which could boost the MSTR stock even more.

Time is a key factor in grabbing rich options. Click here to see how to stretch it to your advantage.

Helping, Bitcoin is above $30,000 again on speculation a spot Bitcoin ETF will be approved soon. Helping, according to Bitcoin.com:

“Steven Schoenfeld, former head of International Equity Product Strategy at Barclays Global Investors (now Blackrock), expects the U.S. Securities and Exchange Commission (SEC) to approve all spot bitcoin exchange-traded fund (ETF) applications in three to six months. He also anticipates that the greenlighting of spot bitcoin and Ethereum ETFs has the potential to inject between $150 billion and $200 billion of capital into these investment products.”

If that happens, not only could BTC potentially spike, but so would stocks like MSTR.

Sincerely,

Ian Cooper