Michael Saylor is now the narrative villain, having bluntly advised Joe Average to risk everything to buy Bitcoin, only for Strategy to now announce another Bitcoin sale.

For me, this is potentially all circus pantomime designed to send retail the wrong way.

For a contrarian, this is potentially another bullish signal from "the circus."

On the chart, MSTR has been hanging around in a shallow and tidy descending channel below long term support.

That puts price in a higher liquidity area and gives the chart quite a bullish look.

The momentum line has also flipped bullish (yellow) with price in a low position. This territory-based divergence is another bullish signal.

Also, Bitcoin is showing signs of holding.

So the time to buy MSTR is probably now.

There are no guarantees that it will pop like the past glory days, but this is probably worth a punt.

Not advice