Strategy Inc stock rebounds to $104 as Bitcoin tops $69,000, but 200-EMA gap looms

Strategy Inc stock closed at $104.25, rebounding sharply from a $94.30 low as Bitcoin surged past $69,000. The correlation is clear—MSTR’s Bitcoin-heavy balance sheet drives the price action. Yet a bounce is not a reversal, and the daily chart still bears scars from a much deeper decline.

Key takeaways

• MSTR closed at $104.25, up from a session low of $94.30, powered by Bitcoin’s push above $69,000.
• Price sits above the 20-EMA ($97.26) but remains below the 50-EMA ($105.39) and far below the 200-EMA at $161.67.
• Daily RSI at 55.74 reflects neutral momentum, while the MACD histogram has turned positive at 0.99.
• Michael Saylor floated a potential share buyback, with the firm holding a $4.8 billion cash reserve.
• Volatility remains elevated, with daily ATR above 5.7 points, keeping swing risks high in both directions.

Daily Chart: A Bounce Inside a Still-Damaged Trend

Strategy Inc stock is attempting a recovery inside a long-term downtrend, trading above its 20-EMA but still far below both the 50-EMA and the 200-EMA.

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