Out of the traditional, as well as the crypto markets come a stock (MSTR) and a cryptocurrency (STX) that could outperform bitcoin across the rest of this bull market.
Both $STX and $MSTR could outperform $BTC
Stacks (STX) and Microstrategy (MSTR) are certainly odd bedfellows. One is a cryptocurrency that gives access to a layer 2 built on top of the secure bitcoin base layer, and the other is a multi-billion stock market company that just happens to have Michael Saylor as its executive chairman.
However, they both have the potential to outperform $BTC as long as the king of the cryptocurrencies is in an uptrend. The thesis is that if $BTC goes up, both $STX and $MSTR should go up further.
$MSTR entering buy zone?
Source: Coingecko/TradingView
Against the US dollar, $MSTR has made a 43% correction so far. If the price reaches the support at $1,078, that would be a 46% correction, which is a pretty good correction to make in a bull market.
Source: Coingecko/TradingView
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