US Government: Deposits 3941 BTC to Coinbase Prime
US government wallets sent 3941 BTC ($244M) and 30007 ETH to Coinbase Prime in 8 hours while BTC trades at $62326 on 4h chart.
SourceAnalysis
US government wallets deposited 3941 BTC ($244M) and 30007 ETH ($53.09M) into Coinbase Prime over the past eight hours.
Bitcoin sits at $62326 inside its Bollinger band with upper resistance at $65104.55 and lower support at $62059.85; the EMA50 at $63121.36 and EMA200 at $63773.49 both cap price while MACD prints a death cross at -274.8 and RSI holds neutral at 35.95, pointing to further downside pressure before any rebound in ongoing US government bitcoin transfers and broader crypto market movements.
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