10x Research: MicroStrategy's stock price rally may continue, which is expected to drive up Bitcoin prices
10x Research stated in its market analysis report that MicroStrategy's momentum continues. In the past week, the stock has risen by 16%, reaching a market value of $43 billion, an all-time high. This upward trend may continue, with several key catalysts on the horizon. This could result in a "tail wags the dog" situation, where MicroStrategy's stock performance may positively impact the price of Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid currently airdrops over 274 million HYPE, with an average of 2,905 per address
A Base Ecosystem trader increased his capital from $15,300 to $1.29 million in 2 days
Forget the Gold vs. Bitcoin Debate, Kiyosaki Has a Bigger Message for Investors