๐ฎ๐ฉ Indonesia stocks -11% in a day, $BTC barely moved
โข Jakarta Composite -11.3%: worst day since January 1998
โข Trigger: MSCI plans to move it out of Emerging Markets
โข MSCI cites opaque ownership and suspected coordinated trading
โข Rest of Asia bounced: Kospi +2.05%, Nikkei +1.39%
โข BTC held a tight $81.7K-82.5K range; top gainer $INJ +27%
๐ฏ My take: local shock, no crypto contagion; BTC still needs $82.6K for $84K
๐ฌ Would an index downgrade make you sell, or buy the dip? ๐
#Indonesia #MSCI #Bitcoin
โข Jakarta Composite -11.3%: worst day since January 1998
โข Trigger: MSCI plans to move it out of Emerging Markets
โข MSCI cites opaque ownership and suspected coordinated trading
โข Rest of Asia bounced: Kospi +2.05%, Nikkei +1.39%
โข BTC held a tight $81.7K-82.5K range; top gainer $INJ +27%
๐ฏ My take: local shock, no crypto contagion; BTC still needs $82.6K for $84K
๐ฌ Would an index downgrade make you sell, or buy the dip? ๐
#Indonesia #MSCI #Bitcoin