The US government is adding fuel to BTC volatility. According to #Arkham, they decided to sell 10,000 BTC.

According to analysts, 10,000 BTC were transferred from a US government-controlled BTC wallet to the Coinbase exchange. At the same time, 19,799 BTC worth $ 1.92 billion were previously split between two new addresses. These are the#BTCthat were previously confiscated from Silk Road.

What a "coincidence" that this news did not allow once again to consolidate above the downward trend resistance from November 22, which was written about during the day. The price was again dragged under the EMA 50 of the four-hour TF and the volume level of $95,665. The low of the day has already been updated - $94,488.

It is worth noting separately that this growth, a test of the trend (which we did not expect), did not break the descending candle structure on the four-hour TF. It continues and, if it persists, we will see the extreme only tomorrow morning. There are still two hours until the closing of the current four-hour candle, but the situation is the same - while the price is below these two resistances - it goes to at least $ 94,199 and to the test of the descending trend from November 25. If this combo does not hold - then according to the plan, there is an intermediate support of $ 93,610. It is not remarkable. And then - only the area of ​​$ 92,226.

Let's add that according to EMA, the only notable one from the nearest ones is EMA 50 of the 12-hour TF. It is now in the area of ​​the volume level of $90,564.

The price was pulled up strongly within the uptober. This volume level is right behind one of the key supports - $91,306. The 12-hour candle now looks very bearish, but what to expect if the indicator signaled a potential high yesterday.

On the two-hour TF, according to our indicator, the second target of the decline can be considered to have already been worked out. The third one is $93,705. The past growth brought the price close to breaking the Potential break level, but there was no closing above the level of the candle body. Therefore, the setup remains in force.

In general, the price is in the range, which means that the younger TFs deserve special attention. For example, the 15-minute one, where the basic and sometimes additional targets work well according to the signals of stable trends. With a priority on downtrends, because the structure remains downward.

Expectations remain the same - "shave" will be in both directions within the expected range. But the price will be driven lower according to the structure of "lowering highs and lows". Futures transactions with large leverage are now an increased risk.