MSTR busted its Thursday low and is weaker than Bitcoin; he expects lower and is not bullish after that low is taken out. A retest of the high is possible before it craps out, but immediately it is poised lower. If the bearish count plays out, a bounce to 160 then a drop into the 30s is expected; clarity is lacking.

what he's doing my in my own stuff. But I'm bullish. He's bearish. Um, I would just say that happens when charts are messy. This chart is definitely messy. That said, um, I'm not going to be bullish if the Thursday low is taken out. That's uh, let's see. That looks like 166 56.

Um, so this is sort of the last chance for at least in my mind. Maybe there's maybe it takes another chance. Maybe it goes to range lows and gets set up. It tries to get set up again.

I don't know. It's always possible, but um this is the last um clear chance right now for this one to get to 200 300 uh before the next bare cycle in this um but yeah, so we'll see how this sets up.

Again, Thursday low is key. And I'm just highlighting it mainly because I've done articles on it. I've I've kind of pinned this uh chart not so much on every micro level, but I've had it pinned on the sort of macro level um uh with with some some some pinning of it, you know, more short term as well.

So, it's been a very great a good solid chart for me. Um, that doesn't mean I'm always going to be right in the future just because I've been right in the past, but um but it's been a good one of late.

Um MCR I'm just bringing up because um we had a nice short we had a nice short out of this zone because we had a nice range rejection. Uh it was a trade in at least I posted it as an SMS which is the leveraged bare fund.

So, we've enjoyed that. Took profit in the end of the week. I think we took I took half profit like in this low and then the rest down in this low. It was a very good trade for the short term.

Um it's still fairly unclear chart. However, the way I see this is we've got another intermediate high where Bitcoin has uh hold a higher low so far. This one has busted the Thursday low.

So that says to me this one's considerably weaker than Bitcoin still and I expect lower. Uh it's always possible that it um reaches tries to reach up for this high again before it completely craps out.

Uh that said, right now at the immediate that's poised to go lower and so we'll see if it continues into the next week.

Um in terms of blue versus uh red. Now red is a very bearish count. I would expect a two to show up around 160 and for this thing drop out down to the 30s if red is playing out.

Uh still don't have any clarity. However, um it's coming up it looks like. So if we have a drop to 126 and then a strong reversal, okay, that will be five waves. That will be red.

If we drop all the way to 118 or low a little bit lower, that's a good chance of being four. So what and and of course if you do if it does that, it's going to need to reverse pretty quickly around