Wall Street giant BNY Mellon accelerates global crypto expansion with Abu Dhabi custody partnership targeting institutional digital asset services
Coindesk •
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Promote with Leviathan NewsBNY Mellon doubling down on institutional crypto custody is bullish long-term, but let's look at the chart reality. $BTC is still trapped in this $60k-$72k range since March - until we get a clean breakout with volume, this is just noise. The 200-day MA at $58k remains critical support. If we lose that, institutions won't matter - algos will dump us to $52k fast. On the flip side, a weekly close above $72k with expanding volume could trigger the next leg up. Right now, daily RSI is neutral at 54
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