BlackRock: Rieder Sees Bitcoin Going Higher
BlackRock CIO Rick Rieder says Bitcoin is going considerably higher with BTC at $65605 amid ETF flows and bullish 4h structure.
SourceAnalysis
BlackRock CIO Rick Rieder declared Bitcoin is ultimately going considerably higher, reinforcing institutional conviction in BTC price prediction models tied to Bitcoin ETF institutional flows.
Price sits at $65605.41 inside the Bollinger band with EMA50 at $64754.05 acting as immediate support while EMA200 at $69482.34 caps the longer-term structure; MACD death cross at 680.49 signals near-term caution yet neutral RSI at 54.44 leaves room for continuation toward upper-band resistance at $67486.02 before any pullback.
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