U.S. Government: Transfers 12,267 BTC Worth $1.01B
U.S. Government moves 12,267 BTC ($1.01B) while Bitcoin trades at $82,683.65 with bearish EMA50 resistance at $84,399 and MACD death cross on 4h chart.
SourceAnalysis
U.S. Government shifted another 12,267 BTC valued at $1.01B out of its wallets, extending a pattern of large transfers seen over the past 10 hours that also included 4,632 BTC, 119M USDT and 750 WBTC.
Price action on the 4h chart shows BTC at $82,683.65 sitting below the EMA50 at $84,399.31 yet above the EMA200 at $82,182.94, with the MACD death cross at -658.43 confirming bearish momentum and RSI at 31.39 leaving room before oversold territory; traders focused on BTC price prediction now watch the lower Bollinger band at $81,903.39 as the next volatility exhaustion target while the upper band at $87,155.09 caps any short-term relief rally.
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