MSTR - Bitcoin: Shorting MicroStrategy? | Benzinga
If you've been following us we've been bullish on Bitcoin (CRYPTO: BTC) throughout 2023 and 2024 when it was going up. That's after having been bearish on Bitcoin in 2022 when it was going down.
Our last public post called out a Bullish Bitcoin target of 60,000 in December 2023 when Bitcoin was at about 40,000.
After Bitcoin hit 60,000 we reset our target to 80,000 to subscribers.
But with the fundamental, yes fundamental backdrop, there's nothing stopping Bitcoin from going even higher. [To find out our key fundamental driver that most are not talking about join with a free trial.]
I wanted to respond to a short report that came out today on MicroStrategy (NASDAQ: MSTR).
Uh. Maybe they're right and maybe they're wrong, but what would I say about shorting something in a bull market?
Can you guess?
Quick question. Is it good or bad generally to ...