Goldman Sachs: $2.25B NEOS Deal Secures Bitcoin ETF Unit

Goldman Sachs closed a $2.25B acquisition of NEOS that instantly supplies a fully operational Bitcoin Income ETF platform, accelerating its position in Bitcoin ETF market consolidation.

Price action on the 4h chart shows BTC at $63353.19 inside the Bollinger band with upper resistance at $65527.78 and lower support at $62966.06; the EMA50 at $64259.78 and EMA200 at $63732.31 cap upside while MACD death cross at -282.73 and RSI at 37.33 keep momentum bearish, pointing to a likely test of the 50-EMA before any sustained recovery in BTC price prediction models.