BlackRock: IBIT ETF Takes in $163M BTC
BlackRock IBIT Bitcoin ETF wallet receives 2,469.25 BTC (~$163.1M) from Coinbase Prime at $65,837 BTC price.
SourceAnalysis
BlackRock IBIT Bitcoin ETF wallet absorbed another 2,469.25 BTC (~$163.1M) from Coinbase Prime via eight 300 BTC transfers plus 69.25 BTC.
Institutional flows of this scale over the past year have become central inputs for BTC price prediction frameworks and buffers against any crypto market crash narrative.
At the current $65837.12 print, price sits inside the Bollinger Bands with upper resistance at $67079.55 and lower support at $64081.72; the neutral RSI(14) of 55.65 combined with the MACD death cross implies a measured pullback toward the EMA50 level at $64911.47 before the next directional move.
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