Micro Strategy stock price has built a strong support base around $1,260, with repeated rebounds noted at this level. The breakout above $1,300 could attract quant funds looking for trend-following opportunities in the high-beta tech/crypto space. The software firm, known for its significant Bitcoin holdings, often sees its stock price move in line with the digital asset. The world's largest cryptocurrency fell below $112,000, its lowest point in two weeks, amid a wider crypto rout that wiped out more than $140 billion in market value since the beginning of the week. Read original story Strategy’s Bitcoin Holdings Hit Record $77.4B as Market Rally Continues by Tanzeel Akhtar at Cryptonews.com At $1,290, the Micro Strategy stock price reflects over 12% weekly gains. Market strategists link this rally to heightened ETF inflows into crypto assets. The 50-day moving average crossed above the 100-day, a classic bullish signal observed by chartists.
