$MSTR is 24% shorted right now
Posted: Apr 07, 2024
- 24% of Microstrategy's stock is shorted, setting up for a potential squeeze - Bitcoin is surging following Coinbase being cleared of an SEC lawsuit - BTC halving in two weeks could drive up prices - MSTR's stock price dropped significantly on Friday - MSTR's biggest gains came on a Monday following BTC pump - If futures are green and BTC stays above $69k, MSTR could see significant buying volume and a potential squeeze cycle Keep an eye on Microstrategy in the short term as there is potential for a squeeze cycle, but outcomes are uncertain.
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