MicroStrategy is pinned at $164.27, staring down a tight resistance cluster between $166.58 and $168.90, while Citi's freshly minted $240 Buy target gives bulls a credible runway. The next 7–30 day...
MicroStrategy isn't your average software company — it's an equity-wrapped leveraged bet on Bitcoin held inside a corporate balance sheet, and Wall Street has finally started pricing that premium properly. On October 2, just three sessions ago, Citi raised its price target on Strategy (MSTR) to $240 from $136, maintaining a Buy rating. That's not a trim — that's a 76% upside call from where shares trade right now. When a major Wall Street house nearly doubles its target in a single revision, you pay attention.
This morning MSTR is hovering at $164.27, essentially flat over 24 hours (−0.01%), which tells you everything. The stock isn't selling off despite macro pressure — it's consolidating. The intraday range of $161.75 to $166.48 is tight, and $120.6 million in Binance spot volume confirms active participation. This is not a dead name going sideways. This is a coiled structure where direction is being decided right now. Track the latest institutional equity developments through Blockchain.news.
51. That's a clean upward-sloping structure — the stock is above all key trend markers. 68 further confirm bulls have controlled the intermediate trend. On paper, this chart is positioned for a continuation run.
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