Bitcoin: Wallets Deposit 1650 BTC to FalconX
Bitcoin: Two wallets sent 1,650 BTC worth $127M to FalconX after year-long dormancy, with BTC price at $77279 amid neutral RSI.
SourceAnalysis
Bitcoin wallets moved 1,650 BTC ($127M) into FalconX six hours ago following more than a year of inactivity, according to on-chain data from @lookonchain.
Price action shows BTC trading at $77279 inside Bollinger Bands with upper resistance at $78286, while the EMA50 at $77238 acts as immediate support in the prevailing bullish structure. The MACD golden cross reinforces trend strength even as RSI at 54.81 stays neutral, suggesting limited exhaustion and room for continuation once any pullback to the 50-EMA completes. This deposit flow arrives as traders refine their BTC price prediction models and monitor for signs of a potential crypto market crash or renewed accumulation phase.
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