BlackRock just yanked 3,446 BTC worth $255.2 million from Coinbase over the past eight hours, per on-chain data from OnchainLens. This move underscores the asset manager's aggressive accumulation strategy for its spot Bitcoin ETF, mirroring inflows seen in late 2025 when institutional demand spiked BTC price by 15% in a month. Whales like BlackRock continue fueling the rally, tying into broader crypto market trends where Bitcoin dominates amid hype around decentralized projects like TAO.

From a technical standpoint, BTC trades at $74,493.62 in a clear bullish structure, hugging the EMA50 at $72,449.60 as immediate support while the EMA200 at $70,305.56 anchors the longer-term floor. MACD screams bullish with a golden cross at 712.14, pushing momentum higher, though RSI at 58.72 stays neutral, avoiding overbought territory. Price dances inside Bollinger Bands, testing upper resistance at $76,605.45—a breakout here could target fresh highs, but confluence with the neutral RSI suggests a quick dip to lower support at $70,465.14 for buyers to reload before resuming the uptrend. Institutional flows like this BlackRock withdrawal align perfectly with the macro setup, eyeing BTC price prediction upside in this volatile cycle.