{"id":4928,"date":"2024-12-31T14:46:36","date_gmt":"2024-12-31T14:46:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4928"},"modified":"2024-12-31T14:46:36","modified_gmt":"2024-12-31T14:46:36","slug":"microstrategys-bitcoin-play-stellar-year-but-december-doldrums-loom-large","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4928","title":{"rendered":"MicroStrategy&#8217;s Bitcoin Play: Stellar Year, But December Doldrums Loom Large"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) is <a href=\"https:\/\/www.benzinga.com\/topic\/bitcoin\">riding the <strong>Bitcoin<\/strong><\/a> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) rollercoaster like no other, but the thrill seems to have hit a steep drop. <\/p>\n<p>Once the darling of crypto-linked assets in 2024, boasting a jaw-dropping 342% year-to-date gain, the stock is now grappling with a sharp bearish turn.<\/p>\n<p><figure class=\"wp-block-image size-full\"><a href=\"https:\/\/bzresearch.myclickfunnels.com\/benzinga-pro-content-webinar-registration\/?utm_source=BZprocontent123124&amp;t=be2bearmibe3na1\"><img loading=\"lazy\" decoding=\"async\" width=\"633\" height=\"490\" src=\"https:\/\/editorial-assets.benzinga.com\/wp-content\/uploads\/2024\/12\/31080728\/Screenshot-2024-12-31-at-6.37.11-PM.png\" alt=\"\" class=\"wp-image-713310\" srcset=\"https:\/\/editorial-assets.benzinga.com\/wp-content\/uploads\/2024\/12\/31080728\/Screenshot-2024-12-31-at-6.37.11-PM.png 633w,https:\/\/editorial-assets.benzinga.com\/wp-content\/uploads\/2024\/12\/31080728\/Screenshot-2024-12-31-at-6.37.11-PM-300x232.png 300w\" sizes=\"auto, (max-width: 633px) 100vw, 633px\"><\/a><\/figure>\n<\/p>\n<p><a href=\"https:\/\/bzresearch.myclickfunnels.com\/benzinga-pro-content-webinar-registration\/?utm_source=BZprocontent123124&amp;t=be2bearmibe3na1\"><em>Chart created using Benzinga Pro<\/em><\/a><\/p>\n<h2 class=\"wp-block-heading\">A Bearish Cloud Over MSTR Stock<\/h2>\n<p>MSTR stock, trading at $314.98, has plunged 20.34% in the past month, slipping below its eight, 20, and 50-day simple moving averages\u2014a technical trifecta of bearish signals. The stock is under pressure despite sitting comfortably above &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/long-ideas\/24\/12\/42740882\/microstrategys-bitcoin-play-stellar-year-but-december-doldrums-loom-large\" alt=\"MicroStrategy's\" bitcoin play: stellar year but december doldrums loom large>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc (NASDAQ:MSTR) is riding the Bitcoin (CRYPTO: BTC) rollercoaster like no other, but the thrill seems to have hit a steep drop. Once the darling of crypto-linked assets in 2024, boasting a jaw-dropping 342% year-to-date gain, the stock is now grappling with a sharp bearish turn. Chart created using Benzinga Pro A Bearish Cloud [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4928","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4928"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4928\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}