Bhutan: Sells 434.87 BTC for $27.93M
Bhutan sells 434.87 BTC ($27.93M) after one-month pause; BTC at $64881.4 with EMA50 support at $64128 and neutral RSI 60.7.
SourceAnalysis
Bhutan government sold 434.87 BTC worth $27.93M after a month of inactivity via on-chain movements tracked by lookonchain.
The transaction lands as BTC trades at $64881.4 inside Bollinger Bands with upper resistance at $65049.93; price holds above EMA50 support of $64128.18 and EMA200 at $63653.08 while MACD golden cross at 255.92 confirms bullish structure and RSI at 60.7 stays neutral, suggesting limited immediate downside before any continuation.
This Bhutan government Bitcoin sale may shape BTC price prediction without triggering a crypto market crash and carries negligible AI industry impact.
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