BlackRock: Records 537 BTC Net Inflow After Outflows
BlackRock records 537 BTC ($33.18M) net inflow, halting outflows and raising local bottom questions for BTC price prediction amid institutional crypto flows.
SourceAnalysis
BlackRock recorded a net inflow of 537 BTC worth $33.18M today, ending prior outflows per @lookonchain data and prompting traders to assess whether a local bottom aligns with historical inflow patterns and BTC price prediction models tied to institutional Bitcoin accumulation. Price at $60722.33 tests lower Bollinger support at $60401.42 while RSI at 21.75 flashes oversold exhaustion against EMA50 resistance of $68698.54 and a MACD death cross, creating confluence that could stabilize near-term downside before any reversal in crypto market bottom signal flows.
Lookonchain
@lookonchainLooking for smartmoney onchain