“Bitcoin (BTC) has significant upside potential this month thanks to two big catalysts and Michael Saylor's MicroStrategy (MSTR) stock could surge, too, on its way toward getting 'meaningfully higher' by the end of the year.”

 “This is causing us to rethink the potential upside around the operating business.”

 “May 15 marks the deadline for institutional investment managers to file form 13-F with the Securities and Exchange Commission. If more firms are shown to have purchased the newly approved spot bitcoin exchange-traded funds during the first quarter, this will show bitcoin has gained further institutional acceptance.”

 “Another event that could be positive for bitcoin and, thus, MicroStrategy, will be the SEC's likely rejection of an ether ETF... we believe there's a substantial amount of capital waiting for a digital winner to be declared; to the extent Bitcoin proves to be that winner, the incremental demand would likely be felt even more acutely given the recent bitcoin halving.”

 “Bitcoin's swift recovery to a bullish weekly close sets up the possibility the next higher low is already in place ahead of the next major upside extension to a fresh record high.”

 “Bitcoin's halving is not a bullish event and warned of market weakness for the next few months, with potentially a deeper correction in the cards.”

 “Since early last year, Benioff has been on a diet that includes no meaningful M&A, and this episode tells us that he’s ready to do some snacking.”

 “This is driven by speculative activity to mint new tokens (mostly meme tokens) by retail traders.”