US Government: Transfers 12,267 BTC to Coinbase Prime

US Government addresses shifted 12,267 BTC ($10.1 billion) in the past hour, sending 9,000 BTC ($7.39 billion) directly into Coinbase Prime for the third straight night.

Transfers began Oct 6 at 11:30 PM and coincide with BTC falling from $86,500 to $82,500, while additional flows of 5,382 BTC plus $1.19 billion USDT and 40,285 BNB hit exchanges over 32 hours.

Bitcoin trades at $82580.52 inside the Bollinger Bands with lower support at $81882.62 and upper resistance at $87165.56; the bearish EMA50 at $84395.26 acts as overhead resistance while EMA200 at $82181.91 provides nearby floor, and oversold RSI(14) at 29.8 alongside MACD death cross at -666.66 points to short-term exhaustion that could fuel a relief bounce before any sustained move lower in this BTC price prediction window amid ongoing government distribution pressure.