Renzo has become one of the leaders amongst the alts on the drawdown. It even updated its global low.
At the same time, the price stopped at ~$0.014 as support. At the moment of maximum capitulation of the bulls, the liquidity underneath it was removed.
Having said that, the move of the last few months has accumulated a lot of arguments for upside 📈: 1. Global bullish divergence with RSI. 2. Local bullish divergence with RSI. 3. Bullish wedge formation.
In general, we should expect at least a serious upward bounce here in the near future 🪙
MicroStrategy’s 5M Aktienplan: Im Detail erklärt 👇 🔴 MicroStrategy’s Finanzsituation
Das Unternehmen generiert nicht viel Bargeld aus seinem regulären Geschäft.
Es verliert 53 Millionen Dollar aus dem operativen Geschäft (operativer Cashflow) und hat einen viel größeren Verlust von 1,06 Milliarden Dollar, wenn man die Schulden berücksichtigt (gehebelter freier Cashflow).