Bitcoin’s price recently plunged sharply from its October peak of around 126,080 USD down to 80,500 USD this week.

The dramatic drop initially confused market participants because no single, clear explanation emerged. Traders only observed sell-offs from Exchange Traded Funds (ETFs), liquidations by large investors (whales), and the breakdown of major support levels that intensified downward pressure.

However, according to CryptoDnes.bg on Monday (Nov 24, 2025), new information released over the past week has offered a clearer picture of what has dragged Bitcoin’s performance down. These findings have caused market participants to reassess the situation from a different angle and may provide clues about the next price direction.

Last Wednesday, JPMorgan reported that Morgan Stanley Capital International (MSCI), the world’s largest index provider, was considering removing Strategy — the world’s biggest Bitcoin-holding company — from its equity indexes.

MSCI’s evaluation suggested that Strategy and other digital asset companies should be classified more as investment funds rather than operational companies. At first, investors did not pay much attention to the news, but major market players seemed to understand its implications immediately.

Just hours after MSCI’s announcement on October 10, Bitcoin’s price immediately fell, followed by a massive 19.2 billion USD liquidation wave that worsened the plunge.

The situation became clearer when JPMorgan wrote that Strategy could face outflows of up to 2.8 billion USD if it is removed from the MSCI index. Moreover, the outflow could reach as high as 8.8 billion USD if other index providers adopt similar actions.

With pressure of that magnitude looming, the crypto market reacted aggressively. On Friday, Bitcoin dropped to its lowest level since April, hitting 80,500 USD.

During this turmoil, Strategy’s CEO Michael Saylor stepped in to calm market concerns.

He stressed on platform X that Strategy is not a fund, not a trust, and not a holding company, but a publicly traded operating company with a 500-million-USD software business and a treasury strategy that uses Bitcoin as productive capital.

“Strategy is not a fund, not a trust, and not a holding company. We are a publicly traded operating company with a 500-million-USD software business and a unique treasury strategy that leverages Bitcoin as productive capital,” said Michael Saylor.

This statement helped ease panic and stabilized the market. As of Sunday, Bitcoin had risen 2.5 percent in the past 24 hours and was trading around 86,100 USD.

Although prices have begun to recover, uncertainty remains. MSCI will not announce its final decision on Strategy’s delisting until January 15, 2026.

Until the decision is made, the crypto market is expected to stay volatile.

Bitcoin Price Forecast: Recovery in Early 2026?

Several analysts believe Bitcoin has reached its bottom after more than a month of heavy selling pressure. Indications include reduced institutional sell-offs and technical signals showing the market has entered oversold territory.

Smart money players are thought to have anticipated MSCI-related risks for more than a month. Therefore, analysts conclude that most institutional selling may have already occurred. According to Barchart analysts, the RSI has dropped to its lowest oversold level in three years, signaling seller exhaustion.

Market optimism is further supported by Bitcoin ETF inflows turning positive again. On Friday, Bitcoin ETFs recorded a net inflow of 238 million USD, breaking the strong outflow trend seen since October.

An analyst known as The Bitcoin Therapist indicated that these inflows might signal that Bitcoin’s bottom has formed.

Another optimistic view comes from analyst Aralez, who predicts Bitcoin could begin a rally toward 160,000 USD in the coming months.

He believes that price level may represent the blow-off top of the current bull market cycle.

Even so, the market remains focused on MSCI’s final decision due on January 15, 2026. Until then, Bitcoin is expected to move sideways.

However, analysts believe that the negative MSCI-related news has likely been priced in early, providing room for large investors to start re-accumulating.

Given these conditions, the 80,000 USD level may represent Bitcoin’s bottom.

If this scenario plays out, Bitcoin could retest its previous highs by late 2025 before surging toward 160,000 USD in early 2026. Bitcoin ETF inflows in the coming days will serve as a crucial indicator for assessing market sentiment ahead of MSCI’s decision.