Morgan Stanley: Accumulates $21.5M Bitcoin via MSBT ETF
Morgan Stanley MSBT ETF buys 332.85 BTC worth $21.53M in three days, with latest 232.55 BTC withdrawal from Coinbase Prime at $64934.66 BTC price.
SourceAnalysis
Morgan Stanley MSBT Bitcoin ETF withdrew another 232.55 BTC worth roughly $15.05M from Coinbase Prime three hours ago, bringing three-day accumulation to 332.85 BTC or $21.53M.
Price sits at $64934.66 inside the Bollinger band with upper resistance at $65156.45; the bullish EMA50 at $64193.31 and EMA200 at $63666.94 continue to act as layered support while MACD golden cross at 279.45 keeps momentum intact and RSI at 61.39 leaves room before overbought territory. Institutional flows like this Bitcoin ETF accumulation often precede measured moves toward the next volatility band, so a brief test of the 50-EMA before continuation remains the base case for BTC price prediction models over the next sessions.
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