BlackRock: Deposits 4577 BTC to Coinbase Prime
BlackRock deposits 4577 BTC ($272M) and 41996 ETH to Coinbase Prime as BTC trades at $59350 with bearish EMA structure.
SourceAnalysis
BlackRock deposited another 4,577 BTC ($272M) and 41,996 ETH ($65.2M) to Coinbase Prime.
Price action shows BTC at $59350.64 inside the Bollinger Bands with upper resistance at $63775.68 and lower support at $58379.91 while EMA50 sits at $62311.41 and EMA200 at $67229.4, locking in the bearish trend structure confirmed by MACD death cross at -1014.3.
RSI at 35.53 leaves room for further downside in BTC price prediction models before any reversal, highlighting ongoing institutional Bitcoin buying patterns amid ETH market analysis.
Lookonchain
@lookonchainLooking for smartmoney onchain