Stocktwits Chart Art: December 19, 2024

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STOCKTWITS CHART ART: DECEMBER 19, 2024
The Stocktwits Summary 📝

Markets were mixed today. The Dow snapped its longest losing streak in decades, providing some relief amid concerns over the Fed's hawkish stance. Bitcoin traded down to $97,000, while oil prices fell due to anticipated oversupply in 2025.

Here’s how the major indices ended the day:

*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.

And here were Stocktwits’ top Trending symbols:

CHART OF THE DAY
MicroStrategy Is All-In On Bitcoin ₿

Michael Saylor has expanded MicroStrategy's Bitcoin holdings, with 40% of the purchases occurring in the past 30 days. Acquiring Bitcoin at higher prices could affect the risk profile and potential returns, and recent market activity may signal emerging challenges.

Bitcoin Slides Back To A Technical Support Zone 📉

Semiconductors Face Critical Resistance 🚩 

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