MSTR's Market Cycle: Analyzing Recent Trends

Crypto KOL Ted posted on X about the recent performance of MicroStrategy's stock, $MSTR. He noted that during the last market cycle, $MSTR reached its lowest point after 65 weeks, coinciding with its weekly Relative Strength Index (RSI) falling below 30. Currently, $MSTR is in its 66th week, and its RSI dropped below 30 last week. This raises the question of whether $MSTR has reached its bottom for the current cycle.