Key Takeaways
- MSTR2100 has dropped 29%, weighed down by Bitcoin’s fall and Strategy’s stock slump.
- The memecoin is locked in a descending channel with bearish MACD and BBP readings.
- Negative price DAA divergence at -16.57% signals weakening demand for the token.
The price of MSTR2100 (MSTR), a memecoin created to honor MicroStrategy (MSTR), the king of crypto stocks, has tumbled. Over the past seven days, the MSTR crypto price has fallen 29%, sinking to its lowest level since Sept. 6.
The main culprit? Bitcoin’s (BTC) pullback below $110,000 triggered the crash in MicroStrategy’s stock. MSTR shares trade at $300.70 at press time.
In this analysis, CCN explains what’s next for the MSTR memecoin and explores how the company’s stock may shape sentiment.
MSTR Token Collapses
At press time, the MSTR memecoin trades at $0.12, weighed down by persistent selling pressure. On the daily chart, the token remains locked inside a descending channel, a structure that has prevented it from mounting any meaningful recovery.
Bears have clearly dominated the market. The Bull Bear Power (BBP) has printed six straight red histogram bars, indicating sellers control and confirming that downside momentum remains strong.
Besides that, the Moving Average Convergence Divergence (MACD) has formed a bearish crossover, reinforcing the view that momentum remains tilted to the downside.
With this setup, the MSTR crypto price may struggle to break above the overhead resistance at $0.19.
Compounding the weakness, the $0.12 support looks fragile, raising the risk of a breakdown if selling pressure intensifies.
MSTR/USD Daily Chart | Credit: TradingView
Bitcoin Crash Hits MSTR
Beyond the memecoin itself, the MSTR stock is adding to the pressure. At $300.70, the company’s share price has dropped 13.56% in the last five days, tracking Bitcoin’s weakness.
The decline has reignited criticism from Bitcoin skeptic Peter Schiff. Further, he argued that the enterprise software firm is unlikely to survive if the bear market deepens.
According to Schiff, prolonged downside could push MSTR’s value even lower.
“While so many companies have been busy copying Saylor’s harebrained business strategy, few have noticed that $MSTR is down 45% from its Nov. 2024 high. This is going to be a brutal bear market for Bitcoin Treasury companies. I’m not sure if any, including MSTR, will survive it,” Schiff
opined.
On the 4-hour chart, Strategy’s stock shows that a breakdown below the neckline of a head-and-shoulders pattern accelerated the crash. The neckline sat near $362.61, but bulls failed to defend the zone, allowing sellers to take control.
No Way Out for MSTR2100
With momentum now on the downside, the stock’s value looks ready to extend its decline toward $288.58. However, if buying pressure increases, this trend might change.
In that scenario, MSTR might bounce above the neckline and toward $410.28.
For the MSTR crypto price, on-chain data also reinforces the bearish case. According to Santiment, the token’s Daily Active Addresses (DAA) divergence has plunged to -16.57%.
Such a negative reading shows that network activity is failing to keep up with price movement, a sign of weakening demand. If this trend persists, it could amplify selling pressure and make it even harder for MSTR’s price to rebound.
- MSTR2100 Price DAA Divergence | Credit: Santiment
MSTR Price Analysis
In the short term, the 4-hour chart for MSTR2100 paints a mixed picture. The Awesome Oscillator (AO) has flipped negative, confirming that bearish momentum is still in play.
At the same time, the Relative Strength Index (RSI) has dropped into oversold territory, suggesting that selling pressure may be overextended. This raises the possibility of a short-lived relief bounce, though the broader trend remains fragile.
But without notable demand, the MSTR crypto price might fail to jump. Instead, it risks declining below $0.10.
However, if buying pressure increases, this trend might change, and the memecoin value might rise toward $0.18.
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
