U.S. Government Deposits 17,733 BTC to Coinbase Prime

U.S. Government moved 17,733 BTC valued at $1.48B plus 750 WBTC worth $62M into Coinbase Prime across the last three days, with BTC sliding 6.9% during the transfers.

Price action at $82211.93 sits just above the EMA200 at $82179.59 yet below the EMA50 at $84062.2, confirming the bearish trend structure while the MACD death cross at -884.61 keeps downside pressure intact. RSI at 36.63 remains neutral, offering no immediate reversal signal, and the position inside the Bollinger Bands between $80673.54 support and $87075.68 resistance points to range-bound volatility rather than breakout momentum. Institutional desks now watch whether fresh government flows accelerate a test of the lower band before any rebound attempt.