Bitcoin: 15-Year Casascius Coin Redeemed for $1.78M
Bitcoin: 15-year-old Casascius physical coin redeemed yielding $1.78 million as BTC trades at $65544.77 amid bearish 4h structure.
SourceAnalysis
Bitcoin holder redeemed a 15-year-old Casascius physical coin for $1.78 million, moving dormant 2011-era BTC after years of inactivity.
Casascius physical Bitcoin coins history and redemption process shows these embedded wallets require precise private key extraction, a notable 2011-era physical BTC redemptions security milestone that highlights cold storage resilience.
On the 4h chart BTC sits at $65544.77 inside Bollinger bands with price testing lower support near $63497 while EMA50 resistance at $71577 caps upside; RSI at 21.48 signals oversold conditions and MACD death cross at -2079 reinforces bearish momentum before any bounce to upper band $75458.
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