Posted 10/25/2023, 6:03:00 PM
Mutual Funds Buy Into Crypto as Bitcoin Rallies; Spotify Stock Surges on Earnings Beat
- Mutual funds are buying Coinbase and MicroStrategy stocks as bitcoin rallies.
- Coinbase stock is building a base after a 30% drop from its 52-week high.
- MicroStrategy stock is forming a cup base with a 475 buy point.
- Spotify beat Q3 estimates and posted a surprise profit, sending shares up 10%.
- Spotify broke out past a 167 buy point but investors should avoid new breakouts in the correction.