$MSTR Jumps 4.8%, Rebounds from Support
$Strategy(MSTR)$
MSTR Jumps +4.81%: Bitcoin Proxy Rebounds from Support, Eyes $170
Latest Close Data
Closed at $164.72 on 2026-01-06, up +4.81% on strong volume. Price remains ~64% below its 52-week high of $457.22.
Core Market Drivers
The move appears driven by a broader rebound in Bitcoin and crypto-related assets.
As a primary Bitcoin holding company, MSTR's fortunes are tightly coupled with BTC price action and institutional sentiment toward digital assets.
Technical Analysis
Volume surged to 22.86M shares (VR 1.52), confirming buying interest.
The 6-day RSI at 59.43 is bullish but not overbought, while the MACD histogram turned positive (4.75), signaling building upward momentum and a potential bullish crossover.
Key Price Levels
Primary Support: $157.75 (Previous resistance turned support).
Strong Resistance: $170.00 (Psychological level & recent swing high).
Immediate Pivot: $164.75 (Today's breakout point; hold above is bullish).
Valuation Perspective
Forward P/E sits at 3.53, significantly below its historical average of -92.86, reflecting a shift to profitability. However, a P/S of 99.58 remains extremely high, typical for a growth-focused "Bitcoin proxy."
Analyst Targets
14 analysts cover MSTR with an average price target of $503.59 (205% upside). Sentiment is strongly bullish: 4 Strong Buy, 10 Buy, 2 Hold.
Weekly Outlook
Expect consolidation between $160-$170. A decisive break above $170 could target $180-$185. Failure to hold $160 may see a retest of the $157 support.
Risk Disclaimer
This analysis is for informational purposes only and not financial advice. Cryptocurrency and related equities are highly volatile. Please conduct your own research and consider your risk tolerance before investing.
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