BlackRock: Accumulates 1,019 BTC for $64.64M
BlackRock purchased 1,019.27 BTC (~$64.64M) and 301.77 ETH (~$570K) from Coinbase Prime, with BTC trading at $63540.1 amid bearish 4h signals.
SourceAnalysis
BlackRock accumulated 1,019.27 BTC worth roughly $64.64 million plus 301.77 ETH worth about $570,000 through Coinbase Prime in the past few hours.
The move arrives as BTC holds near $63540.1 on the 4h chart, where price sits inside the Bollinger Bands with upper resistance at $65387.1 and lower support at $62943.34 while the EMA50 at $64233.7 and EMA200 at $63727.25 both cap upside.
RSI at 40.38 stays neutral and MACD prints a bearish death cross at -285.47, suggesting any near-term bounce toward the upper band will likely stall and retrace toward the 50-EMA before fresh continuation; institutional desks tracking BTC price prediction models now weigh this latest BlackRock flow against broader crypto market crash risks and potential AI industry impact on risk assets.
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