Once MSTR is kicked out of the MSCI index on January 15 next year, there will be a direct passive sell-off of 2.8 billion dollars, and MSTR will further decline, which is likely to drive Bitcoin down.
From the perspective of wave theory, in the previous few rounds of bear markets, the A wave of Bitcoin fell for at least two and a half months, while this round of bear market A wave has only lasted for one and a half months, so the A wave has not yet completed. Currently, only the third sub-wave has been completed, and there is a high probability that there will be a fifth sub-wave. The fifth sub-wave is very likely to occur simultaneously with MSTR being kicked out of MSCI.
The main driving force behind the rise of Bitcoin since April is the DAT buying, and the bankruptcy of the DAT model could lead Bitcoin back to the starting point of this surge. Therefore, the endpoint of the fifth wave may be around 75,000.
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Ybaser
· 11-25 05:23
Bull Run 🐂
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Iceiceice
· 11-24 15:09
Steadfast HODL💎
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Iceiceice
· 11-24 15:09
Hold on tight, we're taking off To da moon 🛫
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CompositeMaterials
· 11-24 15:09
We see the world wrongly and then claim that it deceives us.
#Gate广场圣诞送温暖 Bitcoin subsequent trend script update
Once MSTR is kicked out of the MSCI index on January 15 next year, there will be a direct passive sell-off of 2.8 billion dollars, and MSTR will further decline, which is likely to drive Bitcoin down.
From the perspective of wave theory, in the previous few rounds of bear markets, the A wave of Bitcoin fell for at least two and a half months, while this round of bear market A wave has only lasted for one and a half months, so the A wave has not yet completed. Currently, only the third sub-wave has been completed, and there is a high probability that there will be a fifth sub-wave. The fifth sub-wave is very likely to occur simultaneously with MSTR being kicked out of MSCI.
The main driving force behind the rise of Bitcoin since April is the DAT buying, and the bankruptcy of the DAT model could lead Bitcoin back to the starting point of this surge. Therefore, the endpoint of the fifth wave may be around 75,000.