Pay attention to this part : "Strategy is currently positioned below all key moving averages, indicating a bearish trend. The stock is trading 12.4% below it's 20-day SMA, 16.3% below it's 50-day SMA and a staggering 53.8% below it's 200-day SMA...." Strategy has broken it's 52 week low and it looks to continue the downward dive. The simple support look is $100, which will be adding pressures to their finanical positions post quarterly results announcement in early February. Add to this, Michael Saylor has been using the cash reserves raised from issuing new debts and equities to buy even more Bitcoin. All substantially above current Bitcoin price. Their balance sheet must be looking awful right now. I am a bear on MSTR. Not neccessarily on Bitcoin, but on MSTR. Why ? Because it is a ponzi that can only survive if Botcoin prices are higher than their stated average holding price.

Strategy Stock Sees Selling Pressure As Bitcoin Dives

Strategy Inc (NASDAQ:MSTR) shares are under pressure on Thursday as Bitcoin
Strategy Stock Sees Selling Pressure As Bitcoin Dives
# Bitcoin Back After Hitting 10-Month Low: Dead-Cat Bounce or Trend Reset?

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  • ElsieDewey
    ·02-02 11:07
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    Spot on! MSTR's debt pile is a ticking bomb. Bearish too. [看跌]
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  • Guavaxf3006
    ·02-03 23:12
    MRTC collapsing big time now. A new 52 week low has just been reached.
    And Michael Saylor has just over the weekend pumped even more borrowed into Bitcoin. Estimated at around 10% higher than actual price now. Everything that can possibly go wrong is going wrong for Michael Saylor and MRTC.
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