Why BlackRock Sold Bitcoin? $985M Trap Or BTC All Time High Play

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16 hours ago

BlackRock Sold Bitcoin: BTC All Time High Being Manipulated With $985M

When the news came out that BlackRock sold Bitcoin worth nearly $985 million, it shocked the crypto market. Many people started wondering — is this a market manipulation or a smart move before the upcoming Fed rate cuts?

Source: Wimar X Official X Account

BlackRock Sold Bitcoin Worth $985M

As traders debate, top analysts think this could be a short-term shakeout before the BTC bull run. Interestingly, the timing is perfect because BTC’s MACD Golden Cross is nearing, CPI cake cooler and many other factors are hinting at bullish setup.

Let’s find out what’s really behind this sudden move by the world's largest asset management firm.

Why Is BlackRock Selling Bitcoin Today? The Real Reasons Uncovered

The sell-off may sound scary, but there are clear reasons behind it. Here’s why BlackRock sold Bitcoin and what’s happening in the market:

1️. Ethereum Takes the Lead — Institutions Shift Their Bets

As per Ash Crypto latest BTC news , for the first time ever, Ethereum got more institutional inflows than $BTC in Q3. This means big investors are putting more money into Ethereum-based assets.

BTC news vs ETH

2️. Long-Term Holders Are Moving Their Coins

Since mid-October, around 62,000 coins have been moved from long-term wallets. These are coins that were not touched for months or even years. This shows that many holders are becoming active again — maybe to take profit or prepare for the next BTC all time high.

3️. Smart Portfolio Shuffle Before Fed Rate Cuts

Just before BlackRock sold bitcoin, Fidelity and this firm bought $90.6 million worth of these tokens the same day. So, it seems like the asset manager's sell-off was only to adjust its portfolio before the expected rate cuts.

Bitcoin Price Analysis: Bulls Slowly Taking Over

Right now, the asset is trading around $111,660, after bouncing back from $106K. As per TradingView price chart analysis, RSI is showing neutral to bullish momentum, which means there’s still room for the token to rise higher, while MACD is showing a bullish crossover.

BTC All Time High Soon Price Analysis

  • Support Levels: $108,000 and $105,000

  • Resistance Levels: $113,000 and $116,000

As per my analysis being a crypto expert, this pattern suggests that today’s BlackRock BTC news sell-off could be part of a short-term shakeout, a common strategy by institutions to make small investors panic and sell.

$BTC All Time High In Play: Here’s Why the Bulls Aren’t Done Yet

Even though the sell made headlines, technical data shows strength. Here’s why many believe it’s not a bitcoin market manipulation, instead a preparation for a bullish BTC All time high setup .

  1. MACD Golden Cross:  MACD indicator is about to form a Golden Cross — a strong bullish signal.

  2. Whales Increasing Their Long Positions: Some big investors have added $70 million more in $BTC and Ethereum long trades. Their total exposure is now $276 million — and they have a 100% win rate so far. This clearly means they expect prices to rise.

  3. Cooling CPI and Possible Rate Cuts: The U.S. inflation rate came in at 3.0%, lower than expected (3.1%). Because of this, the chances of three rate cuts in 2025 have gone up. In the past, crypto prices have usually increased after rate cuts.

Price Prediction: What’s Next After BlackRock Sold Bitcoin Move?

  • Short Term (1–2 weeks): The token may move between $110K–$115K, with a small dip near $108K before bouncing back.

  • Mid Term (1–3 months): If the Fed cuts interest rates, Bitcoin price prediction could reach $125K–$130K.

  • Long Term (2025–2026): With ETF inflows and more institutional buying, it could rise to $150K–$170K, making a new all time high.

Conclusion: Is This a Chance to Buy the Dip?

The news that BlackRock sold Bitcoin doesn’t mean the bull run is over. It could actually be a smart strategy, selling high to buy more later. What seems like market manipulation now might turn out to be the firm's clever plan before the next BTC all time high. So, instead of panic, investors may want to watch closely — because this dip could be the start of something big.

Disclaimer: This article is for educational purposes only, always do your own research before investing in any cryptocurrency.

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