$Bitcoin is consolidating after recent volatility, but the macro backdrop has just turned decisively more supportive.
Following confirmation that MSCI will not remove Strategy ($MSTR) and other crypto treasury companies from its indexes, a major source of market fear has been eliminated.
At the same time, US equities surged, with roughly $500 billion added to market capitalization in a single session, and the S&P 500 printing fresh all-time highs. Historically, this combination of institutional clarity and rising risk appetite has been constructive for Bitcoin.
The earlier concern was clear: if MSCI excluded crypto-heavy treasury companies, index-tracking funds would be forced to sell, potentially triggering billions in liquidation pressure — not only on stocks like Strategy ($MSTR), but indirectly on Bitcoin itself.
That fear peaked around early October, when markets reacted sharply to the uncertainty, wiping out around $19 billion from the crypto market in a single day.
Now, MSCI’s confirmation that:
This killed the $MSTR forced-selling FUD. For Bitcoin, this removes a major institutional risk overhang.
Beyond MSCI, the macro picture is hard to ignore:
This matters because Bitcoin has increasingly traded as a high-beta risk asset during expansionary phases. When equities break higher and liquidity flows back into markets, crypto typically follows — often with a lag.
The current setup points to capital rotation, not capital flight.
Bitcoin is currently trading in a defined range, with price respecting both support and resistance levels visible on the chart.
BTC/USD 4H - TradingView
As long as $BTC holds above $85K, downside remains controlled and corrective rather than bearish.
A clean break above $94.5K would open the door for a renewed test of six figures. Momentum indicators show consolidation rather than exhaustion, suggesting the market is digesting news, not topping out.
With MSCI risk removed, equities at record highs, and institutional confidence stabilizing, Bitcoin’s setup remains constructive.
Bullish scenario:
Neutral scenario:
Bearish invalidation:
At this stage, the macro and institutional signals favor continuation over collapse.


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