Latest Update
8/22/2026 2:40:00 PM

Bhutan: Shifts 10.779 BTC to Fresh Wallets

Bhutan: Shifts 10.779 BTC to Fresh Wallets

Bhutan transfers 10.779 BTC worth $835K onchain; BTC price at $77051.93 with RSI at 79.84 and MACD golden cross.

Source

Analysis

Bhutan moved 10.779 BTC (~$835K) from state coffers to two new addresses, continuing its pattern of onchain government transfers that have shaped BTC price prediction models over the past year. With price at $77051.93 inside the Bollinger band, the upper resistance at $81693.85 sits close while RSI(14) at 79.84 signals overbought conditions; this confluence points to a probable retracement toward the EMA50 support at $69633.16 before any continuation higher, especially as MACD holds its golden cross above the EMA200 floor of $65749.87. Traders tracking crypto market crash scenarios and AI industry impact on risk assets now watch whether these sovereign flows add selling pressure or simply reflect routine treasury management.


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