BlackRock: Transfers 7160 BTC to Coinbase Prime

BlackRock moved 7160 BTC worth $447M and 98850 ETH worth $164M to Coinbase Prime over the past two days, extending its distribution streak.

BTC trades at $62479.44 inside the Bollinger Bands with the upper resistance at $65266.15 and lower support at $61862.47. The EMA50 at $63751.34 and EMA200 at $68064.56 define the bearish structure while MACD at -404.94 confirms the death cross. RSI at 37.18 sits neutral, suggesting price may retest the 50-EMA before any rebound attempt.