STRC Nears $100 as MSTR Weekly RSI Hits Oversold

Bitcoin’s steady range trading has put Strategy-linked tickers back in focus, with Jeff Walton pointing to a short window where $STRC could hover near par. At the same time, MSTR’s weekly chart shows continued weakness, with oversold momentum building after a long slide.

Jeff Walton flags $STRC “par” test as Bitcoin holds range

Jeff Walton said the ticker $STRC could trade near $100 for the next nine trading sessions if Bitcoin’s current price action stays intact. Walton posted the view on X on Monday, tying the projection directly to whether Bitcoin can keep holding its recent range.

He also pointed to the last time $STRC “hit par,” which he said happened in early November and lasted about four trading days. Walton said that stretch coincided with roughly $100 million in ATM sales, shorthand for at the market share issuance.

Walton framed the current setup as a repeatable pattern that could matter for liquidity and issuance activity if the stock returns to the same level. He added that an “Amplified Bitcoin” trade looked set to resume, although the post did not provide additional data beyond the timing and the prior ATM figure.

$MSTR slides under long term averages as weekly RSI hits 26

Meanwhile, Strategy’s stock $MSTR stayed under pressure on the weekly chart, and the latest candles held below the major moving averages shown by TrendSpider. The chart plots the 50 week EMA near 276.53, the 100 week EMA near 246.91, and the 200 week EMA near 183.82, while price trades well beneath all three. As a result, the long term trend on this view still points lower, even as the recent candles compress into a tight range.

MSTR Weekly Candles Chart. Source: TrendSpider / X

TrendSpider’s volume profile also highlights a key band around the 183 area, marked as the visible range point of control. Price broke beneath that zone and then started printing smaller weekly bodies, which often signals a pause after a sharp move rather than a clean reversal. Below, another marked level sits near 157.16, which frames the next nearby area traders often watch for support if weakness continues.

Momentum readings also look stretched. The weekly RSI(14) on the chart sits around 26.57, which TrendSpider referenced with the question, “Have we reached despair yet?” That print places RSI deep into oversold territory on this scale, showing heavy downside momentum. However, the chart still shows price below the key volume and moving average levels, so the setup reads as stabilization after a drop, not confirmed recovery.