MicroStrategy: Transfers 411.5 BTC to Coinbase Prime

MicroStrategy moved 411.5 BTC valued at $30.25 million to Coinbase Prime one hour ago, landing the transfer near its $75,700 acquisition cost and prompting questions over an imminent sale or address mislabel.

Bitcoin price action on the 4h chart shows price testing lower Bollinger support at $72,539.48 while RSI(14) at 28.14 flashes oversold and MACD confirms a death cross at -484.35; with the 50-EMA resistance sitting at $74,532.20, a relief bounce toward that level offers the next logical test before any deeper extension lower.