MAROKO133 Update crypto: Bitcoin Price Prediction: Bhutan Selling, But Technical Indicator

📌 MAROKO133 Breaking crypto: Bitcoin Price Prediction: Bhutan Selling, But Technic

Bitcoin price is still rallying, even as one sovereign seller is getting louder, despite this one bullish technical prediction. Bhutan’s Royal Government transferred another 319.7 BTC ($22.68 million) on Thursday, continuing a liquidation that has trimmed its holdings by 70% since October 2024.

According to Arkham Intelligence data, about 250 BTC from Thursday’s transfer was routed to a wallet previously used for sales via Galaxy Digital and OKX. Another 69.7 BTC went to a new, unmarked address. Bhutan’s stack has collapsed from 13,000 BTC to just 3,954 BTC, worth still at $280 million, with $215 million exiting its holding addresses in 2025 alone.

While Bhutan is selling, Michael Saylor’s Strategy added 4,871 BTC last weekend, U.S. spot ETFs absorbed roughly 50,000 BTC in March, and options markets are stacking $80K calls.

The divergence between Bhutan’s exit and institutional accumulation is setting up one of the more interesting technical moments Bitcoin has seen this cycle.

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Bitcoin Price Prediction: $80K on the Table?

Bitcoin has clawed back from lows of $67,000, carving higher lows along an ascending trendline. The current price of $72,000 sits above the 50-day EMAs, a stacked configuration that historically precedes continuation moves. MACD is showing bullish divergence. RSI holds at 60, leaving meaningful room before overbought territory.

Analyst targets split into two camps, some see $79K–$80K as the immediate destination, citing the H4 consolidation pattern and healthy retracement from recent highs. Another agrees on the near-term target of $79K–$84K, but warns of a sharp reversal after, with $40K–$48K as a possible re-test.

For Bitcoin, a clean break above $77,500 on strong IBIT inflows can trigger a run toward $80,000. Or there will be more consolidation between $70,000–$72,000 as the market digests Bhutan’s selling pressure.

However, a close below $70,000 reopens the $67,000 support cluster and puts the recovery thesis at risk.

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Bitcoin Hyper Targets Early-Mover Upside as Bitcoin Tests Key Levels

Here’s the tension with buying Bitcoin now. The upside to $80K is real, but it’s just a 10% gain. The risk-reward calculation differs at earlier stages of the ecosystem. As BTC tests its critical resistance band, attention is shifting to infrastructure plays building directly on Bitcoin’s rails, where the multiples are still open.

Bitcoin Hyper ($HYPER) is positioning itself at that intersection. The project bills itself as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, targeting sub-second finality and smart contract execution that the base chain simply cannot deliver.

The pitch isn’t theoretical: the presale has already raised more than $32 million, with $HYPER currently priced at $0.0136. Staking is live with high APY incentives for early participants. The Decentralized Canonical Bridge handles native BTC transfers, keeping the security model anchored to Bitcoin itself.

For those already researching the space, Bitcoin Hyper’s full presale details are available here.

The post Bitcoin Price Prediction: Bhutan Selling, But Technical Indicators Says $80K Next appeared first on Cryptonews.

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📌 MAROKO133 Breaking crypto: Bhutan Offloads 70% of Its Bitcoin Stash as Mining Ac

Bhutan has sold over 70% of its Bitcoin (BTC) reserves over the past 18 months, raising questions about the future of its once-celebrated sovereign mining experiment.

On-chain analytics from Arkham Intelligence paint a picture of steady, deliberate liquidation by the Himalayan kingdom’s state-owned investment arm.

Bhutan’s Bitcoin Experiment Loses Steam

Wu Blockchain reported that $215.7 million in BTC was transferred out of the kingdom’s wallets in 2026 alone. In addition, the latest data from Arkham revealed that Bhutan moved out another 250 BTC around 18 hours ago.

The transfer leaves the wallet with nearly 3,774 BTC, a massive drop from 13,000 BTC in October 2024.

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Druk Holding and Investments (DHI), the state-owned fund that manages Bhutan’s reserves, began mining BTC in 2019 using surplus hydroelectric power. The operation turned a tiny, landlocked Himalayan kingdom into one of the world’s top sovereign holders of Bitcoin.

However, data shows that Bhutan has not received mining inflows exceeding $100,000 in more than a year. That absence has fueled speculation that the kingdom may have halted its hydropower-backed mining operations entirely.

“Bhutan appears to have ceased mining as of ~November 2024,” Arkham posted.

Miners and Treasury Firms Join the Bitcoin Sell-Off

Bhutan is not the only entity reducing its BTC exposure. Several publicly traded miners and Bitcoin treasury firms have accelerated liquidations in recent months, though each for distinct reasons.

Cango sold 2,000 BTC in March to retire outstanding Bitcoin-backed loans, leaving its treasury at 1,025 BTC. MARA sold 15,133 BTC for approximately $1.1 billion between March 4 and March 25 to repurchase $1 billion in convertible notes

Another miner, Riot Platforms, offloaded 3,778 BTC during Q1 2026 for roughly $289.5 million. Notably, additional transfers from both MARA and Riot have been recorded in April, suggesting further sales.

Smaller holders have also trimmed positions. Genius Group liquidated its entire 84.15 BTC treasury on April 1 to repay $8.5 million in debt. Furthermore, Nakamoto Holdings sold approximately 284 BTC in March for about $20 million, resulting in a realized loss relative to its average cost basis.

The wave of selling stands in contrast to MicroStrategy, which purchased 44,377 BTC in March alone and now holds over 766,970 BTC.

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The post Bhutan Offloads 70% of Its Bitcoin Stash as Mining Activity Dries Up appeared first on BeInCrypto.

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