Aug. 21 at 10:22 PM
$MSTR 📉
$MSTR +
$BTC.X Breakdown Ahead of Powell
Alright, this charts looks ugly in the short term, but the next 48 hours could flip us bullish for a long-time. Here’s where we stand (My thoughts edited with ChatGPT):
⸻
🔎 Technicals – MSTR
• Current price:
$338
• Downtrend intact → lower highs / lower lows
• Sitting right at the 50% Fib retrace (~
$328–330) from the
$113 →
$543 move
• Support:
$325 →
$305 →
$280 (golden zone) →
$250 if panic
• Resistance:
$345 →
$365 →
$395 (50-DMA) →
$420
👉 Lose
$328 and
$300 comes fast. Reclaim
$365 and bulls breathe again.
⸻
🔎 Technicals – BTC
• Current:
$113–114k zone
• Support:
$112K →
$108–110k →
$104–106k →
$100K major line
• Resistance:
$118K →
$121–124k ATH →
$130K next leg
👉 BTC is consolidating under ATH. Break
$118K = liftoff. Lose
$110K = shakeout into
$104K.