Ark Invest: Buys $37M Bitcoin and Block Shares

Ark Invest purchased $37 million worth of Bitcoin and shares in payments firm Block according to fresh filings.

Price action shows BTC at $77612.85 sitting just above the 50-EMA support at $77592.68 while the 200-EMA at $71494.05 anchors the broader bullish structure. The MACD death cross at -63.04 warns of near-term momentum loss even as RSI at 42.46 remains neutral inside the Bollinger bands, with the upper resistance at $79081.12 capping any immediate extension and the lower band at $77327.92 marking the first line of defense. Traders watching BTC price prediction models now eye a quick retest of that lower band before the next directional move, especially amid ongoing crypto market discussions and AI industry impact on institutional flows.