BlackRock: Four Days of Bitcoin ETF Inflows
BlackRock records 4 straight days of Bitcoin ETF inflows totaling 9,269 BTC worth $600M as institutions accumulate with BTC at $64980.
SourceAnalysis
BlackRock recorded four straight days of Bitcoin ETF inflows, adding 9,269 BTC valued at over $600M as institutions continue accumulation.
Price action on the 4h chart shows BTC trading inside the Bollinger Bands with the upper resistance at $65071.35 while the 50-EMA sits at $64132.05 and the 200-EMA at $63654.06. With RSI(14) at 62.72 and MACD confirming a bullish golden cross at 263.79, the structure points to a potential healthy retracement toward the 50-EMA support before continuation higher.
Crypto King
@CryptoKing4EverSpecializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.