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Bitcoin

MicroStrategy at highest level relative to bitcoin since 2019, per Wolfe

Wolfe Research's Rob Ginsberg thinks MicroStrategy, a bitcoin proxy, is overbought in the near term.

By: CNBC
  • Oct 11 2024
  • 6
  • 3996 Views
MicroStrategy at highest level relative to bitcoin since 2019, per Wolfe
MicroStrategy at highest level
While "boring" bitcoin has been chopping sideways since March, bitcoin proxy MicroStrategy is trading at its highest level relative to the flagship crypto since 2019. Wolfe Research managing director Rob Ginsberg said he "loves [MicroStrategy's] chan... [1473 chars]

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