BlackRock: Withdraws 1,768 BTC from Coinbase

BlackRock pulled 1,768 BTC valued at $140.3M from Coinbase in a single transaction five hours ago, adding to steady institutional accumulation patterns observed over the past year.

Price action on the 4h chart shows BTC trading inside the Bollinger Bands with immediate resistance at the upper band of $81,964.64 while the EMA50 at $80,251.63 caps upside and the EMA200 at $77,242.73 provides structural support below current levels of $79,178.94. The MACD death cross at -299.89 combined with neutral RSI at 41.18 points to consolidation rather than immediate continuation, suggesting any BTC price prediction must account for further tests of lower band support near $78,265.29 before fresh momentum emerges.