MicroStrategy: Moves 411 BTC to Coinbase Deposit

MicroStrategy transferred 411.48 BTC valued at $30.25 million from its address bc1q8…e3k22 straight to a Coinbase deposit wallet, marking the firm’s first such move in nearly two years.

Traders now watch whether this signals an exit or routine custody shift as BTC trades at $73476.84 inside its Bollinger Band with upper resistance at $78073.88 and lower support at $72159.58. The 4-hour chart shows price below both EMA50 at $75912.33 and EMA200 at $76982.18 while MACD prints a death cross at -920.75, confirming bearish structure; RSI at 33.01 leaves room for further downside before any bounce. A test of the lower band near $72159.58 appears probable before any sustained recovery, especially with momentum still negative.