The MSTR stock price climbed more than 2% on Friday as Bitcoin held firmly above $92,000 and analysts, including Tom Lee, doubled down on their bullish outlook. MicroStrategy shares rose 2.25% to $180, pushing the company’s market capitalization to $50 billion, though the stock remains far below its all-time high of $542.
Tom Lee delivers his Bitcoin price prediction
Leading crypto analysts remain optimistic about Bitcoin (BTC) despite the token trading below its record high of $126,200. In an interview with CNBC, FundStrat’s Tom Lee reiterated that Bitcoin is still on track to hit the psychological milestone of $100,000 by year-end – a move that would require less than a 10% gain from current levels.
Lee also expects Bitcoin to reach a fresh all-time high in 2026, with the potential to approach $200,000. He pointed to factors such as anticipated Federal Reserve rate cuts and accelerating institutional inflows in the US and abroad.
Tom Lee has also increased his direct exposure to the crypto sector through BitMine, where he serves as chairman. The firm has become the largest holder of Ethereum (ETH), with over $11 billion in assets, and Lee has signaled plans for continued accumulation.
A rally to $100,000 would significantly benefit MicroStrategy by lifting the value of its Bitcoin reserves. The company currently holds 649,870 BTC worth approximately $59.9 billion; a move to $100k would raise the value of those holdings to more than $64 billion. Such a rebound would likely bolster overall sentiment across the digital asset market.
MSTR stock price technical analysis
Technical indicators suggest that MicroStrategy shares could be preparing for a rebound. The stock has entered extremely oversold territory, with the Relative Strength Index (RSI) dropping to 23 – its lowest reading of the year. Assets that fall this deeply into oversold levels often see a relief bounce as dip-buyers return.
Other momentum gauges are also flashing extreme conditions. The Stochastic Oscillator has fallen to its lowest point this year, while the True Strength Index has turned decisively negative.
Given these signals, the near-term MSTR forecast leans moderately bullish, with an initial upside target of $230 – an area that served as strong support in February, March, and April. A rally toward that zone would form a classic break-and-retest pattern, typically seen in bearish continuation setups, but it may first offer a tradable recovery for short-term traders.
