Bitcoin Price Forecast: MSCI Decision Could Impact BTC USD Price

The Bitcoin price is stuck in a range while its biggest corporate buyer spends its cash elsewhere. BTC trades at $81,394, down 1.72% over 24 hours on $24.89 billion in volume, still above $80,000 after a wick to $79,800 last Thursday. Sentiment hasn’t cracked either, with the Fear & Greed Index at 55. The question for this Bitcoin price forecast: does MSCI’s new index rule hit Bitcoin itself, or mostly the companies that hold it? MSCI finalized its new rules on October 15, making “non-operating companies” ineligible for its Global Investable Market Indexes. A company that fails a core test for operating assets gets screened on five financial ratios, and tripping four of them flags the stock. The final list lands on November 11, and removals take effect after the November 30 close. Two Bitcoin treasury companies, Strategy and Metaplanet, were flagged in MSCI’s May simulation, along with uranium holder Yellow Cake. The stock market took it harder than crypto did. Strategy MSTR shares closed at $136.83 on Friday, down 9.56% in one session. 🚨 MSCI is killing entire countries stock markets. Turkey's stock market has crashed 23% since MSCI issued its first warning in June, saying it ...