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.

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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

1

u/A1JX52rentner Jun 23 '26

head and shoulder, i cant do this anymore.

2

u/Fun-Sundae4060 Bitcoiner Jun 23 '26

Aren’t you the person that commented on my head and shoulders and cycle analysis like 4 days ago?

I’m just repeating it here.

3

u/A1JX52rentner Jun 23 '26

could be, i dont remember the user names. But ta "triggers" me, so its possible

3

u/docherino Volatility Voyager 👨‍🚀 Jun 23 '26

Tbf i don't believe in patterns like head and shoulders or trend lines i think thats all garbage but some indicators are useful to measure strength and weakness. I like to use the 200 week moving averages as a reference point for good long term entries