MSTR: mNAV at 1st Percentile Offers BTC Allocation
MSTR mNAV sits in 1st percentile versus Bitcoin holdings, stronger than 2022 bear lows, with BTC at $64164.49 on 4h chart.
SourceAnalysis
MSTR draws mockery yet presents a prime allocation window into MSTR and BTC as mNAV reaches the 1st percentile of its history, far below 2022 bear-market depths while Strategy has fortified its Bitcoin holdings.
Price holds a bullish structure above the EMA50 at $63268.58 and EMA200 at $63924.99 on the 4h chart; RSI at 57.1 shows neutral momentum while MACD prints a death cross at 283.2 and price tests the upper Bollinger Band resistance at $64735.75, pointing to a probable retracement toward the $63178.27 lower band before continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast