Riot Platforms: Deposits 500 BTC Into NYDIG Custody
Riot Platforms deposits 500 BTC ($29.82M) into NYDIG Custody as BTC trades at $60047.66 with bearish EMA structure on 4h chart.
SourceAnalysis
Riot Platforms deposits 500 BTC ($29.82M) into NYDIG Custody, adding to observed institutional BTC flows that often precede shifts in BTC price prediction models.
Bitcoin sits at $60047.66 inside its Bollinger Bands on the 4h chart, with the EMA50 at $62081.14 acting as immediate resistance and the EMA200 at $67060.09 marking deeper overhead supply. The MACD golden cross at -835.08 hints at building momentum, yet the RSI at 42.18 keeps the structure neutral and leaves room for a test of the lower band support at $58323.51 before any sustained recovery.
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