Price Predictions for Bitcoin after Moving 80,000 Coins
Bitcoin ... The return of Satoshi The price of Bitcoin dropped to $108,035 after moving more than 80,000 dormant coins since 2011, purchased when the price per coin was less than $1 and moved on June 4, 2025, through two transfers that raised concerns about selling at high price levels. This movement represented the largest shift in dormant Bitcoin balances in over a decade.
Regarding this, a traditional sell signal was issued despite the failure to spot any direct transfers to centralized trading platforms; this high-level movement impacted the overall market, as traders feared the entry of this large balance into trading and the possibility of triggering a price correction.
Subsequently, bets on rising prices were canceled as speculative positions accumulated on the downside near the resistance level at $110,000.
The price of Bitcoin: from $110,000 to $107,600.
Trading volume in the last 24 hours: over $41.3 billion.
Dormant coins that were moved (valued at approximately $8.6 billion).
This event triggered an initial price shock, but it does not indicate a planned sell-off due to the lack of coins being sent to trading platforms.
On the other hand, this event confirmed the sensitivity of market sentiment, especially as Bitcoin approaches significant psychological and technical resistance levels. #NFPWatch #Write2Earn