MSCI decides Strategy's fate in about 4 hours — $2.8B of forced selling hangs on one list, and $BTC is knocking on $74,513 at the same moment
Source: MSCI review, list due 22:00 UTC tonight (PANews, 11 Nov)
I've had this circled since Monday. MSTR $123.35, +1.9% today, still 15% under its $145.16 close on 28 Oct — and Strategy itself expects the cut; its Q3 filing says so. JPMorgan: ~$2.8B passive selling if removed.
One thing most posts miss: removal sells MSTR shares, not Strategy's ~850,000 BTC. No forced coin sales — but it chokes the pipe for future buying.
$BTC $74,505, +1.0% today (Binance daily candle, 17:35 UTC; Finnhub $74,505 at 17:27 UTC). The $73,510 floor held on the Nov 10 close; this morning it dipped to $73,209 and came straight back. Futures open interest ~493k BTC, highest since 19 Aug. $ETH trails at ~$2,070 — tonight's catalyst belongs to $BTC .
Keep: MSTR relief, BTC close above $74,513 confirms the repair, $75,562 next. Remove: MSTR gap-down, BTC retests $73,510 — a daily close under it opens $72,727.
If the list drops Strategy tonight, do you buy the MSTR dip or step aside — and what's your $BTC level for tomorrow?
Not financial advice. DYOR.
#Bitcoin #MSCI #CryptoNews
Source: MSCI review, list due 22:00 UTC tonight (PANews, 11 Nov)
I've had this circled since Monday. MSTR $123.35, +1.9% today, still 15% under its $145.16 close on 28 Oct — and Strategy itself expects the cut; its Q3 filing says so. JPMorgan: ~$2.8B passive selling if removed.
One thing most posts miss: removal sells MSTR shares, not Strategy's ~850,000 BTC. No forced coin sales — but it chokes the pipe for future buying.
$BTC $74,505, +1.0% today (Binance daily candle, 17:35 UTC; Finnhub $74,505 at 17:27 UTC). The $73,510 floor held on the Nov 10 close; this morning it dipped to $73,209 and came straight back. Futures open interest ~493k BTC, highest since 19 Aug. $ETH trails at ~$2,070 — tonight's catalyst belongs to $BTC .
Keep: MSTR relief, BTC close above $74,513 confirms the repair, $75,562 next. Remove: MSTR gap-down, BTC retests $73,510 — a daily close under it opens $72,727.
If the list drops Strategy tonight, do you buy the MSTR dip or step aside — and what's your $BTC level for tomorrow?
Not financial advice. DYOR.
#Bitcoin #MSCI #CryptoNews
