Bitcoin dropped below $84,000 as the US government moved coins for the first time in six weeks.
On Tuesday, government-linked wallets shifted 833.6 BTC. Just over $71 million. First move since August 26.
$71 million is small amount but people likely panic because the wallet is active.
Looks like a very common correction after a big move up.
Keep an eye on support zones, $82500-$80,000.
On Tuesday, government-linked wallets shifted 833.6 BTC. Just over $71 million. First move since August 26.
$71 million is small amount but people likely panic because the wallet is active.
Looks like a very common correction after a big move up.
Keep an eye on support zones, $82500-$80,000.