Bhutan: Government Transfers 738 BTC

Bhutan government address shifted 738 BTC ($44.88 million) fifty minutes ago, extending sales that began last June and total 9918 BTC cashed for $945 million at an average $95295 per coin, leaving 2295 BTC ($140 million) still held.

Price sits at $60637.8 inside the Bollinger band with lower support at $59384.12 and upper resistance at $68119.52 while EMA50 at $67786.89 and EMA200 at $73947.65 define the bearish structure and MACD death cross at -2439.64 confirms trend strength; RSI at 25.59 signals oversold conditions that often precede relief bounces toward the 50-EMA before any sustained move higher.