$MSTR Must Close This Week Above the 50WMA Or Else...Strategy IncBATS:MSTRjonniekingThe MicroStrategy chart is the only top signal that is somewhat cause for concern at the current moment. You can see MSTR has closed the past several weeks below the 50WMA, which signaled the start of the bear market last cycle. Having said that, it has had a bullish rally this week and is trading above the 50WMA once again. MSTR must close the week above this level, otherwise the stock could be in for a much deeper correction, which could negatively affect BTC in October. Where have you heard that October prediction before? Coincidence? 🥸