MicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors

The bullish setup has appeared after MSTR’s increasingly positive correlation with Bitcoin, the flagship cryptocurrency that has surged 339% year-on-year and is now struggling to close above $50,000.

MicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors

The bullish setup has appeared after MSTR’s increasingly positive correlation with Bitcoin, the flagship cryptocurrency that has surged 339% year-on-year and is now struggling to close above $50,000.