US Government: Moves 5,382 BTC to Coinbase Prime

US Government address sent another 5,382.1 BTC ($448 million) to Coinbase Prime overnight, extending a 32-hour spree that totaled 6,215.7 BTC ($520 million), 119 million USDT and 40,285 BNB ($31.63 million).

Bitcoin price action at $83005.33 shows a bearish trend structure with price holding above the EMA200 support at $82172.98 yet capped by the EMA50 resistance at $84487.97. The MACD death cross at -582.23 reinforces downside momentum while RSI at 32.23 remains neutral, leaving room before oversold conditions develop. Trading inside the Bollinger bands places immediate resistance at the upper band of $87232.76, suggesting any relief rally will likely stall before testing that level.