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Technical analysis by josip about Symbol MSTRX: Sell recommendation (10/10/2024)

https://sahmeto.com/message/3718913
josip
josip
Rank: 1759
2.1

Why is MSTR at an ATH while Bitcoin is dumping at 60k?

Sell
Price at Publish Time:
$183.34
Sell،Technical،josip

Something doesn't make sense here. Either people closer to the stocks know something about Bitcoin that we don't, or the market became extremely inefficient and there is a great opportunity for arbitrage. I am not sure how to execute this yet, maybe I leave something in the comments.The thing is, in order for arbitrage to happen, someone needs to buy Bitcoin and sell MSTR. Therefore, this arbitrage should also cause a Bitcoin spike in price.Click at the comment aboveThere are some news related to my observations: youtube.com/watch?v=c3E0RKtYT0k I haven't evaluated this yet.Let me just clarify, the arbitradge fully happened over mondey and tuesday. At a certain point there was a significan Bitcoin price growth while at the same time MSTR had a dump. Only, both values were higher than initial values from friday but I did point out that this change will be relative and not absolute.

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