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FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

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JPMorgan Firm Now Barred by Regulator for Illegal Trading
Investors Now Press Trump on The MMTLP Scandal: What’s Next?
Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law
Margin Call Forces Citadel Rival Into $15 Billion Loss
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Home/Business News/Crypto Trader Predicts MicroStrategy Will Now Surge Past $600
Crypto Trader Predicts MicroStrategy Will Now Surge Past $600

Crypto Trader Predicts MicroStrategy Will Now Surge Past $600

By Frank Nez
October 15, 2024
2

A crypto trader predicts MicroStrategy will now surge past $600 per share twelve months from now following it’s current momentum.

MicroStrategy (NASDAQ:MSTR) stock is up more than 8% in the past five trading days and an impressive 194% this year-to-date.

Pseudonym WealthSquad Chris has shared his MSTR price prediction with his nearly 253,000 followers on X, formerly Twitter.

“$222 now.

I’d imagine $600+ 12 months from now,” WealthSquad Chris posted on his timeline.

On October 10, the crypto trader posted an executed brokerage order purchasing more than $20,000 worth of MicroStrategy stock.

“I bought $20,000 worth of $MSTR at $183,” Chris said at the time.

According to TipRanks, MSTR investor sentiment is ‘very positive’ due to how many investors are currently buying the stock.

While WealthSquad Chris’ MSTR price prediction might be ‘extremely bullish’, industry analysts predict a high closer to $300 per share over the next 12 months.

Analysts are currently giving MSTR stock a low price target of $173 and an average price target of $208.75.

Will MicroStrategy stock go up from it’s current conditions?

All signs are currently pointing towards upwards price action.

But I’m curious to know what you think — leave your thoughts in the comment section down below.

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Also Read: Crypto Analyst Now Predicts A Parabolic Surge For Bitcoin

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Market News Today - Crypto Trader Predicts MicroStrategy Will Now Surge Past $600.
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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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2 Comments
  1. Frank Nez says:
    October 15, 2024 at 12:35 am

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  2. Frank Nez says:
    October 15, 2024 at 12:35 am

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