BlackRock: Deposits 6005 BTC to Coinbase

BlackRock deposited 6,005.46 BTC worth $403.15M into Coinbase on June 3 2026.

Price sits at $67123 inside Bollinger Bands with lower support at $64999.96 and upper resistance at $76401.44. The 4h structure remains bearish as price trades below both EMA50 at $72327.85 and EMA200 at $75696.01. RSI at 25.76 signals oversold conditions while MACD prints a clear death cross at -1911.73. Institutional flows into Coinbase often precede volatility spikes; traders now watch whether oversold momentum produces a relief rally toward the 50-EMA before the broader downtrend resumes. BlackRock Bitcoin deposit data and BTC technical analysis both point to continued distribution pressure.