MSTR stock is facing strong bearish pressure as analysts warn of further downside, with some projecting a drop toward $120 amid Bitcoin’s slide to new yearly lows. Technical analysts point to broken support levels, lost uptrends, and weak momentum, while short-term support is seen around $130.

At the same time, Peter Schiff has renewed criticism of Michael Saylor’s Bitcoin-heavy strategy, noting MSTR is nearly 70% below its peak and has suffered large unrealized losses as $BTC fell. Schiff argues the company would have performed better holding #Gold , which he says remains a more reliable store of value than #Bitcoin .