Bitcoin’s Third Shock: A Deeper Test for the Market
Bitcoin faces three pressures: macroeconomic tightening, MSCI’s decision to remove Strategy ($MSTRB ) from its indexes, and rising inflation concerns.
But the risks are different.
- Macro:A stronger dollar and rising Treasury yields could weaken demand for risk assets.
- MSCI: Passive selling of MSTR shares could pressure its stock and complicate future capital raising.
- Bitcoin: At $71.6K, down 14% in 30 days, the key test is whether spot demand can absorb continued selling.
My view: MSCI’s decision doesn't automatically mean Bitcoin selling. The bigger risk is whether tighter liquidity and weaker capital access could slow Strategy’s future Bitcoin accumulation.
Can real spot demand stabilize $BTC , or is another leg lower still possible?
#Bitcoin #BTC #CryptoAnalysis
Bitcoin faces three pressures: macroeconomic tightening, MSCI’s decision to remove Strategy ($MSTRB ) from its indexes, and rising inflation concerns.
But the risks are different.
- Macro:A stronger dollar and rising Treasury yields could weaken demand for risk assets.
- MSCI: Passive selling of MSTR shares could pressure its stock and complicate future capital raising.
- Bitcoin: At $71.6K, down 14% in 30 days, the key test is whether spot demand can absorb continued selling.
My view: MSCI’s decision doesn't automatically mean Bitcoin selling. The bigger risk is whether tighter liquidity and weaker capital access could slow Strategy’s future Bitcoin accumulation.
Can real spot demand stabilize $BTC , or is another leg lower still possible?
#Bitcoin #BTC #CryptoAnalysis
