MicroStrategy: 411.5 BTC Sent to Coinbase Prime

MicroStrategy shifted 411.5 BTC ($30.25 million) from its labeled address to Coinbase Prime one hour ago, landing right beside the firm’s $75,700 average acquisition cost.

Over the past twelve months BTC has traded in a narrowing range that now sits inside the lower half of its four-hour Bollinger Bands, with price at $73,353.76 testing the lower support at $72,138.58 while the upper band at $78,082.57 remains untouched.

EMA50 at $75,907.50 and EMA200 at $76,980.96 both act as overhead resistance; the MACD death cross at –930.57 keeps the broader structure bearish even as RSI(14) at 32.23 shows neutral momentum, suggesting any bounce toward the 50-EMA will likely stall before a deeper probe of the lower band.