Benchmark analyst Mark Palmer has raised his price target for MSTR stock to $245 per share from $215.
Bitcoin Price news
BTC price resistance in the form of a downward-sloping channel is getting a grilling, which Bitcoin bulls hope may be its last.
Analysts say Bitcoin price pullbacks “will happen” and suggest that traders avoid impulsive trading.
Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC.
Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January.
Bitcoin’s price rejection at $68,500 and the record high use of leverage could be signs that BTC is in for a sharp correction.
Bitcoin avoids excess volatility after its trip beyond $68,000, but BTC price analysis warns that sharp moves may be next.
Bitcoin price remains in a seven-month downtrend despite the record ETF net flows.
Bitcoin bulls are keen to hit $70,000, but a selloff at this level could trigger a sharp downside in BTC and altcoins.
Analysts warn that Bitcoin price might not be going “to the moon” all in one go.