Stock Soars After Hours as CEO Claims Company's Bitcoin-Focused Indexes Could Emerge as the 'MSCI of the Crypto Industry'

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: benzinga_crypto

Updated: Sep 18 2025

Should l Buy BTC?

Bullish's Ambition: CEO Tom Farley stated that Bullish's CoinDesk 5 index could become the "MSCI of the crypto world," aiming to provide broader investment options beyond Bitcoin, similar to traditional indices like the Dow or S&P 500.
Performance and Partnerships: The CoinDesk 5 index has returned approximately 132%, while the CoinDesk 20 index has netted 321%. Bullish has signed agreements with major exchanges to launch products tied to these indices, including an ETF arrangement.
Financial Growth: Bullish reported its first quarterly earnings since going public, showing a profit of $0.93 per share, a significant improvement from a loss of $1.03 per share the previous year.
Stock Market Activity: Following its public listing, Bullish's stock experienced fluctuations, closing down 5.82% in regular trading but rising 2.12% in after-hours trading, with a total retracement of 20% since its debut.

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Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 2 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	56771.907	61195.198	65203.417	69626.708	73634.927	78058.218	82066.437
Fibonacci	61195.198	64416.035	66405.872	69626.708	72847.545	74837.382	78058.218

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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