Bitcoin: Ancient Miner Moves 500 BTC After 13 Years

Bitcoin saw an ancient miner transfer 500 BTC untouched for 13 years, valued at $31.27 million today after acquisition at $1,020 per coin in 2013. The coins sat idle through multiple cycles until this move, representing a 60x gain from the original $510,000 cost basis.

Price action on the 4h chart shows BTC trading inside Bollinger Bands with upper resistance at $63741.76 while EMA50 at $63672.91 and EMA200 at $63708.7 cap upside in a bearish trend structure; RSI at 45.6 keeps momentum neutral even as MACD registers a bullish golden cross at -269.75, pointing to potential short-term exhaustion before any test of lower support at $62360.95.