Bitcoin Price Prediction: Satoshi-Era Wallets Wake Up After 15 Years – What’s Going On?

Key Points

1. Five dormant miner wallets from 2010 transferred 250 BTC ($29.6M) after 15.3 years of inactivity, originally mined when Bitcoin was worth $0.003 per coin.

2. July has seen multiple Satoshi-era wallets awaken, transferring thousands of BTC, though Bitcoin remains up 27% year-to-date.

3. Bitcoin's price shows bearish momentum, breaking below key support levels and forming a 'three black crows' candlestick pattern on the 4H chart.

4. Bitcoin Hyper ($HYPER), a Bitcoin-native Layer 2 project, has raised over $6M in its presale, aiming to merge Bitcoin's security with Solana's speed.