BlackRock: IBIT ETF Acquires $86.3M Bitcoin
BlackRock IBIT ETF takes 1.34K BTC worth $86.3M from Coinbase Prime as BTC trades at $63905.17 on 4h chart.
SourceAnalysis
BlackRock’s IBIT Bitcoin ETF took delivery of 1.34K BTC (~$86.3M) from Coinbase Prime over the past three hours.
Price sits at $63905.17 testing the lower Bollinger band support at $64295.36 while the EMA50 at $64532.61 caps upside and the MACD death cross keeps momentum bearish, pointing to a likely grind toward the EMA200 at $63772.86 before fresh institutional Bitcoin ETF inflows resume.
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