MicroStrategy: MSCI Revives Index Exclusion Proposal
MicroStrategy faces MSCI Non-Operating Companies rule that failed ACWI IMI test, echoing October 10 crash catalyst with $62655.26 BTC price now testing lower Bollinger support.
SourceAnalysis
MicroStrategy confronts the exact MSCI rule that triggered the October 10 crash, now reframed as a neutral Non-Operating Companies test that already eliminated the firm from ACWI IMI data.
Funds tracking trillions in passive allocations must sell on the same day if the proposal passes, with JPMorgan previously modeling $8.8 billion in forced liquidation. Bitcoin dropped $18,000 and saw $20 billion in liquidations the first time this catalyst appeared.
Price action at $62655.26 shows BTC testing the lower Bollinger Band support of $62712.29 while the EMA50 at $63914.92 and EMA200 at $63700.32 cap any recovery as resistance. MACD death cross at -365.07 confirms bearish momentum even as RSI at 30.78 sits neutral, suggesting further downside pressure before any relief rally. Traders watching BTC price prediction models now price in the risk of a repeat crypto market crash if index rebalancing forces hit.
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