BlackRock IBIT Sees $10.7M Inflow as BTC Price Remains Within Bollinger Band

BlackRock's Bitcoin ETF (IBIT) saw significant inflows in recent days, with a $10.7 million influx recorded in the latest data.

The price of BTC currently sits at $79,348.18 within its Bollinger band, with an upper resistance level at $80,348.83.

Despite being above both the EMA50 ($78,971.79) and EMA200 ($73,976.92) in a bullish structure, caution is advised due to the MACD death cross at -146.56.

A measured pullback toward the 50-EMA support looks likely before any extension higher, according to current price prediction models.