CriptoCharts101

#CriptoCharts101 MicroStrategy continues its massive Bitcoin purchase 🚀

Michael Saylor's MicroStrategy has added another 1,045 BTC to its impressive holdings, spending $110.2 million at an average price of $105,426 per coin. Its total reserve now amounts to 582,000 BTC with an average purchase price of $70,086 each.

Considering the current BTC price of around $107,500, MicroStrategy's holdings are worth approximately $62.5 billion! The purchase was financed through the sale of the company's preferred shares.

The 4-hour BTC chart shows an interesting movement on June 9, with prices ranging from $105,324 to $107,946. There was a notable price jump from around $105,500 to over $107,700, with particularly high trading volume (27.7 million) during this increase.

MSTR shares are up 2% in pre-market trading as Bitcoin continues its upward momentum.

#CriptoCharts101 is an educational initiative that simplifies technical analysis for cryptocurrency enthusiasts. Through clear explanations of candlestick charts, patterns such as triangles and head-and-shoulders, and tools like RSI and moving averages, it helps traders interpret market behavior. With accessible resources and practical examples, CriptoCharts101 turns complex concepts into applicable knowledge, empowering users to make informed decisions in their cryptocurrency investments. Ideal for those looking to master the art of reading charts and improve their trading strategies. To study, to train to achieve what we want so much. To succeed.
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