Crypto World News reports that analysts are explaining the recent stock price trends of MicroStrategy (MSTR) using Soros' reflexivity theory. This theory suggests that there is a two-way interaction between investor expectations and prices. MicroStrategy's stock price has continued to decline since being included in the Nasdaq 100 index, having dropped nearly 45% from its historical peak. Analysts point out that several market signals indicate that MSTR may have formed a short-term top. Despite the recent significant pullback, MSTR's long-term performance remains impressive. It has risen over 400% this year, with a cumulative increase of 20 times since August 2020. Most analysts believe that MSTR has historically ended up rising after multiple pullbacks.