#NFPWatch
Rumors about Satoshi resurface after "dormant" BTC movements.
$BTC ✨💥✨💥✨💥✨
Bitcoin is the subject of rumors as wallets containing 80,000 BTC suddenly reactivate after a 14-year pause.
✨Key points:
💥The price of Bitcoin drops nearly 2% on the day as 14-year-old coins suddenly move on-chain.
💥Explanations include a baseless claim linking the involved BTC wallets to creator Satoshi Nakamoto.
💥As a result, the price of BTC rises and shorts pile up above USD 110,000.
Bitcoin BTC €91,579 fell below the key level of USD 108,000 on July 4, as transactions involving long-dormant coins surprised the markets.
💥The price of BTC risks canceling the breakout.
Continuing with the evolution of the price of bitcoin, popular trader and analyst Rekt Capital pointed out a potential risk for the bullish market surge.
A daily chart uploaded to X showed that the BTC/USD pair was reversing the resistance/support change of a key trend line, which has held since the current all-time highs of USD 112,000.