Strategy Shares Surge 25% As Bitcoin Breaks $78,000 Resistance
Strategy shares rose over 10% intraday after Bitcoin broke its seven-month descending resistance, with BTC hitting an intraday high of $78,384. Over the past week, Strategy stock gained roughly 25% as Bitcoin climbed above $78,000, outperforming many crypto-linked peers.
1. Bitcoin Breaks Seven-Month Resistance
Iran’s announcement to keep the Strait of Hormuz open sparked a risk-asset rally, sending oil prices lower and Bitcoin from a $75,172 open to an intraday peak of $78,384. That 2.7% session gain invalidated the descending trendline that had capped rallies since October 2025.
2. Strategy Stock Surges Over 25% Week
Strategy shares jumped more than 10% intraday as its Bitcoin holdings moved back into profit, fueling a weekly advance of roughly 25%—one of the strongest gains among crypto-linked equities. The stock now outpaces peers that are still in negative territory year to date.
3. Technical Indicators Signal Mixed Outlook
Despite the sharp rally, the 50-day EMA remains below the 200-day EMA, forming a death cross that traders view as a bearish structural signal. However, the narrowing gap between these averages suggests bulls may be gaining momentum for a more sustained trend reversal.