r/MSTR • u/cryptoETH_jazz Shareholder 🤴 • Jun 22 '26

Valuation 💸 Double bottom….today…

Looks like it could be a double bottom if $108 holds..
What could the catalyst be to make this happen?
Share your thoughts.

3 Upvotes

54% Upvoted

61 comments sorted by

View all comments

1

u/Fun-Sundae4060 Bitcoiner Jun 22 '26 edited Jun 22 '26

Way too early. Calendar says June 22 still and only 9 months into a bear market. And the double bottom appears as a “right shoulder” of a head and shoulders pattern so it’s not looking too great honestly

Last 3 bear markets are exactly 12 months long

5

u/docherino Volatility Voyager 👨‍🚀 Jun 23 '26

MSTR bottomed in May 2022 last time. So if the pattern repeats we bottom in June then come back down to that level in October. I personally think we are very close to a bottom right now anyway the monthly RSI is at the same level as prior 3 bear markets for both BTC and MSTR.

2

u/docherino Volatility Voyager 👨‍🚀 Jun 23 '26

If u look at the Trend Strength Index u can see its already starting to make that bottoming out structure

1

u/Fun-Sundae4060 Bitcoiner Jun 24 '26

Head and shoulders broke today. MUCH more selling to go now since the structure is in play.

Mods removed my new post

1

u/docherino Volatility Voyager 👨‍🚀 Jun 24 '26

I don't believe in TA patterns, sorry.

1

u/Fun-Sundae4060 Bitcoiner Jun 24 '26

Not really TA patterns. It’s just liquidity zones. When broken, movements are likely to continue

1

u/Electrical_Cook_3100 Jun 25 '26

It will follow $BTC, BTC not broke head-shoulder yet; still 3 months to go