The transfer of some BTCs by the DOJ seemed to have caused the price of BTC to drop.[BTC] has been struggling to get past the barrier it has hit lately. Recent action taken by a United States government department has only served to add to this FUD in the most unexpected way. But the question is- To what extent, though, has this had an effect?There was a report that on Wednesday, the U.S.
reported that the Department of Justice made a series of deals totaling $666 million in 2023, substantially double the previous record.price, when viewed on a daily timeframe, had dropped by a total of 2.21%. It was selling at about $21,600 as of this writing, down about 0.40% in the same timeframe.Source: TradingViewA bear trend would be indicated by the RSI falling below the neutral line and even below 36.
had surpassed a total transaction volume of over 40,000. That was one of the busiest days for Bitcoin in recent months.
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