Willy Woo: MSTR is preparing for a cycle top in the next few quarters

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According to Foresight News, crypto analyst Willy Woo stated that MSTR's trend line has been broken. In technical analysis patterns, a rebound and trend line retest usually occur before a true decline. He believes that MSTR is reducing its modified net asset value (mNAV) through an At-The-Market (ATM) offering, preparing for the cycle top in the coming quarters.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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