Bitcoin price risks decline below $80K as fears of ‘MSTR hit job’ escalate
Bitcoin faces downside risks as a bear flag breakdown targets $77,400, while tensions between Strategy and MSCI can add new pressure on the BTC price.
Bitcoin (BTC) is showing fresh downside risks as a deepening standoff between corporate Bitcoin holder Strategy (MSTR) and global index provider MSCI collides with a weakening technical structure.
Key takeaways:
BTC risks a slide toward $77.4K if the bear flag breaks down.