BlackRock: Deposits 6,164 BTC Into Coinbase Prime

BlackRock moved another 6,164 BTC ($425M) into Coinbase Prime on June 2, 2026, continuing large-scale custody flows seen over the past year.

Price sits at $69,018.17 on the 4h chart, pressing the lower Bollinger Band support at $69,210.22 while EMA50 at $73,608.52 and EMA200 at $76,129.92 act as firm overhead resistance. MACD remains in death cross territory at -1,184.99 and RSI(14) at 17.93 signals deep oversold conditions, raising the odds of a short-covering bounce before any sustained move lower. Traders watching BTC price prediction models now focus on whether this deposit signals further distribution or simply rebalancing ahead of potential recovery.