Bank of America Allows Clients to Allocate 4% to Bitcoin Starting January 2026
- Policy Change: Bank of America officially allows wealth advisors to recommend clients allocate up to 4% of their portfolios to Bitcoin, effective January 5, 2026, marking a significant shift in the bank's stance towards digital assets and potentially redirecting billions into the Bitcoin market.
- Asset Management Scale: With $1.7 trillion in assets under management, this policy change enables clients to gain exposure to Bitcoin through spot ETFs or direct holdings, significantly increasing Bitcoin's share in client portfolios and enhancing its market acceptance.
- Leadership Drive: Under CEO Brian Moynihan's leadership, who has been involved in the bank's digital currency expansion since 2021, Bank of America has initiated various crypto research efforts and ETF filings, demonstrating strategic foresight in the cryptocurrency space.
- Market Impact: While no new institutional funding rounds were announced, the client-directed investment inflows could significantly impact the Bitcoin market, reminiscent of the substantial price increases following BlackRock's iShares Bitcoin Trust in 2024, potentially driving Bitcoin prices higher.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000287 | 0.0143 | 0.0254 | 0.0394 | 0.0505 | 0.0645 | 0.0756 |
| Fibonacci | 0.0143 | 0.0239 | 0.0299 | 0.0394 | 0.049 | 0.055 | 0.0645 |
About BANK
About the author
