On March 13, crypto market analyst IncomeSharks believes that Bitcoin-related company Strategy (MSTR) may be forming a cyclical bottom after a prolonged correction. Once Bitcoin’s price regains upward momentum, the company’s stock could see a significant rebound, with a target range potentially around $200.
Data shows that Strategy’s stock price reached a historical high of $457 in July 2025, but has since declined as the crypto market cooled down, currently trading around $134, down over 70% from its peak. IncomeSharks points out on technical charts that the $110 to $120 range is seen as a key support zone. In fact, MSTR briefly touched around $110 in early February 2026 and rebounded from that level.
According to analysis, if the stock price rises from current levels to $200, it would represent nearly a 50% increase. Meanwhile, the $230 to $240 range is viewed as a major resistance zone. This area served as an important support early in 2025 but was broken during the market correction. If market momentum recovers in the future, MSTR could retest this price range, with a potential upside of nearly 70%.
Analysts believe that Bitcoin’s price trend remains the core factor influencing Strategy’s stock performance. If Bitcoin rebounds to around $80,000, market confidence in Bitcoin-related stocks could quickly restore. Since Strategy has been continuously allocating large amounts of Bitcoin under Michael Saylor’s leadership, its stock price is often seen as a key indicator of Bitcoin exposure.
As of now, Strategy holds approximately 738,731 Bitcoin, valued at over $51.4 billion at current prices. Meanwhile, Bitcoin is trading around $70,010, still about 14% below the $80,000 mark. Market observers note that if macroeconomic conditions stabilize and demand for digital assets recovers, there is still room for a rebound in Bitcoin and related stocks.
Additionally, changes in US regulatory policies could also impact market sentiment. IncomeSharks mentions that if the US “Cryptocurrency Clarity Act” advances, it could provide a clearer regulatory framework for the digital asset industry, thereby increasing institutional participation. As the policy environment gradually clarifies and Bitcoin’s price rises, Strategy’s stock performance in the coming years could attract more capital.