Crypto Trader Predicts MicroStrategy Will Now Surge Past $600
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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