BlackRock: $1.92B BTC Outflows Over 10 Days
BlackRock posted net outflows of 30,119 BTC worth $1.92B and 161,829 ETH worth $320M in the past 10 days amid bearish BTC price action.
SourceAnalysis
BlackRock recorded net outflows of 30,119 BTC ($1.92B) and 161,829 ETH ($320M) over the past 10 days according to on-chain data from Arkham.
Price sits at $63243.74 inside the Bollinger Bands with lower support at $61253.01. The 4-hour structure remains bearish as EMA50 at $70327.03 and EMA200 at $74984.58 act as overhead resistance while MACD prints a death cross at -2486.21. RSI at 22.34 shows oversold conditions that often precede short-term bounces toward the $70327.03 level before any sustained move lower. Traders tracking BTC price prediction models now weigh these BlackRock Bitcoin ETF outflows against potential crypto market crash scenarios in the coming weeks.
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