Morgan Stanley: Buys 151.9 BTC for $12.4M | Flash News Detail | Blockchain.News
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5/6/2026 12:05:00 AM

Morgan Stanley: Buys 151.9 BTC for $12.4M

Morgan Stanley: Buys 151.9 BTC for $12.4M

Morgan Stanley acquired 151.9 BTC valued at $12.4M, boosting holdings to 2830 BTC worth $228.94M amid bullish BTC price prediction trends.

Source

Analysis

Morgan Stanley snapped up 151.9 BTC for $12.4 million just seven hours ago, pushing their total stash to 2830 BTC now valued at $228.94 million, as tracked by Arkham Intelligence—a move that underscores institutional appetite in the crypto space, especially with Bitcoin riding high on recent hype and integrations like those seen in RAVE ecosystems for decentralized finance plays.

Zooming into the 4-hour BTC chart, price action at $81,162.4 screams bullish conviction with the EMA50 at $78,791.69 acting as immediate support and the EMA200 at $75,223.97 anchoring the longer-term floor—confluence here is tight, as MACD flashes a golden cross at 897.4 signaling sustained momentum, while RSI at 64.24 stays neutral but edges toward overbought territory. Price dances inside Bollinger Bands, testing the upper resistance at $82,145.89 which could cap short-term gains, but a dip to the lower support at $77,536.82 might offer prime entry before blasting higher, aligning perfectly with institutional inflows like this and broader crypto market crash recovery narratives or even BTC price prediction models eyeing six-figure targets.


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