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Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift?

2025-07-05 13:09:23

Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift?

Main Idea

Bitcoin's price dropped to $108,035 after 80,000 BTC, inactive since 2011, were moved, sparking market reactions and technical analysis discussions.

Key Points

1. Bitcoin price dropped from $110,000 to $107,600 following the movement of 80,000 BTC (~$8.6 billion) from dormant wallets.

2. Analysts note Bitcoin is hovering near key resistance levels, with short-term caution but long-term optimism due to global liquidity and dovish monetary policies.

3. Technical analysis indicates Bitcoin is consolidating at $108,035, with potential upside targets at $109,307 and $110,413 if support holds.

4. Bitcoin Hyper ($HYPER), a Bitcoin-native Layer 2 project, has raised over $1.92 million in its presale, aiming to merge Bitcoin's security with Solana's speed.

5. Market sentiment remains mixed, with some analysts warning of short-term risks while others project new all-time highs for Bitcoin by late 2025.

Description

Bitcoin slipped to $108,035 following the unexpected movement of over 80,000 BTC, which had been inactive since 2011. The coins, acquired initially when BTC traded below $1, were transferred on July 4 in two significant transactions, raising fears of a potential dump amid near-record prices. This was the largest shift of dormant Bitcoin in over a decade. Bitcoin whale wakes up after 14-year hibernation Moved 80,009 BTC (~$8.7 B) across 8 Satoshi-era wallets 20,000 BTC (~$2 B) moved today alone. ...

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Tags:
Price Analysis Bitcoin Cryptocurrency
$SOL
$145.84
+0.00%
$SUI
$2.8742
+0.94%
$OP
$0.5231
-1.25%
$BTC
$107855.1
+0.24%

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