🏆💰⚡🔥Ancient Bitcoin Moves Push $BTC Floor Price Higher
Bitcoin’s Bottom Rises as Dormant Coins Come Alive🔥🏆💰⚡
Does investor activity with ancient $BTC really push the bottom higher?
Foresight News reports that Willy Woo highlighted a surprising trend: when old Bitcoins are moved, the market tends to assign a higher value to Bitcoin.
Recently, 80,000 dormant BTC were transferred to new wallets, causing the CVDD floor model—a key metric for estimating Bitcoin's bottom price—to climb from $35,000 to $37,000.
Woo explained that when coins shift from long-term holders (who bought at $1) to new investors (buying at $100K), the perceived base value of BTC increases.
This investor behavior effectively resets the "floor" for Bitcoin’s global valuation.
He also noted that consistent custodial rotation could signal that these Bitcoins are being treated as high-value assets by the market.