Wu Blockchain (@WuBlockchain): JPMorgan said Bitcoin’s short-term trend hinges on whether Strategy (MSTR) can keep its EV/BTC ratio above 1 to avoid selling. The ratio is 1.13, supp…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
JPMorgan said Bitcoin’s short-term trend hinges on whether Strategy (MSTR) can keep its EV/BTC ratio above 1 to avoid selling. The ratio is 1.13, supported by a $1.44B reserve covering two years of payouts. If MSCI retains MSTR on Jan. 15, BTC may rebound; if not, the impact is mostly priced in. JPMorgan’s mid-term model values BTC at about $170K. https://twitter.com/i/web/status/1996755132776927480