MicroStrategy: Transfers 411 BTC to Coinbase

MicroStrategy shifted 411.48 BTC valued at $30.25 million straight into Coinbase, its first exchange deposit in two years and a move that echoes the sole prior sale on 2022.12.22 when the firm offloaded 704 BTC for tax-loss harvesting then repurchased 810 coins cheaper days later.

Michael Saylor flagged potential sales for funding during the Q1 call while Polymarket odds of a year-end disposal jumped to 84 percent, keeping the market on edge.

Price action on the 4h chart shows BTC at $73416.53 locked in a bearish structure beneath both the EMA50 at $75909.96 and EMA200 at $76981.58; with the MACD death cross at -925.57 and RSI at 32.62, the token sits inside the Bollinger band where any test of upper resistance near $78078.02 would likely trigger a retracement toward the $72149.41 lower band before fresh directional conviction emerges.