$BTC

Bitcoin Price Forecast

The price of Bitcoin has dropped to $108,035 after moving over 80,000 dormant coins since 2011, which were purchased when the price was less than $1 and transferred on June 4, 2025, through two transactions that raised concerns about selling at high price levels. This movement represented the largest change in dormant Bitcoin balances in over a decade.

In this context, a traditional sell signal was issued despite the inability to detect any direct transfers to centralized trading platforms; this high-level movement had an impact on the overall crypto market, as traders feared this large balance entering the market could trigger a price correction.

This was followed by the cancellation of long positions with the accumulation of short speculative positions near the resistance level at $110,000, with the price declining by approximately 2% during the hours.