BlackRock deposited 1,044 BTC worth $91.9 million and 2,292 BTC valued at $199.8 million into Coinbase on December 24 and 25, highlighting increased Bitcoin activity.
Bitcoin must close weekly above $101,870 to $106,528 to shift bearish sentiment. A drop below $80,600 could lead to declines, with $74,111 as support.
