Bitcoin: Dormant Wallet Moves 4,500 BTC
Bitcoin wallet bc1qln shifts 4,500 BTC ($381.38M) after 4 years dormant as price holds $84,221 with EMA50 support at $82,689 amid neutral RSI.
SourceAnalysis
Bitcoin faces fresh supply pressure after wallet bc1qln moved 4,500 BTC worth $381.38 million following more than four years of dormancy.
Price currently trades at $84,221.24 inside Bollinger Bands with upper resistance at $87,227 and lower support at $83,104. The 50-EMA at $82,689.56 and 200-EMA at $77,526.96 act as layered floors while RSI at 51.78 stays neutral and MACD shows a death cross at 435.27. This confluence points to limited upside before any test of upper band resistance, shaping near-term BTC price prediction and Bitcoin technical analysis for traders watching potential crypto market crash signals.
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