Saylor Warns MSCI Over 'Discriminatory' Index Rule

Michael Saylor, CEO of MicroStrategy, has called on MSCI to scrap its rule that would remove his company's Bitcoin strategy from indexes. The move is seen as discriminatory by Saylor, who believes it unfairly targets companies holding Bitcoin assets.

The current price of BTC sits at $78,025.55 within the Bollinger Bands, with upper resistance at $79,091.35 and lower support at $77,316.95. Technical analysis suggests a bullish structure is in place above the EMA50 at $77,595.59 and EMA200 at $71,428.93.

However, the MACD death cross at 1.65 indicates fading momentum, while the RSI at 46.42 remains neutral. Price action suggests a test of upper band resistance before any potential retracement to the 50-EMA support level.