Bitcoin slipped to $108,035 following the unexpected movement of over 80,000 BTC, which had been inactive since 2011. The coins, acquired initially when BTC traded below $1, were transferred on July 4 in two significant transactions, raising fears of a potential dump amid near-record prices. This was the largest shift of dormant Bitcoin in over a decade. Bitcoin whale wakes up after 14-year hibernation Moved 80,009 BTC (~$8.7 B) across 8 Satoshi-era wallets 20,000 BTC (~$2 B) moved today alone. All to non-exchange addresses for now no signs of selling yet. Is this reallocation or a calm before a storm? #Bitcoin @KaitoAI pic.twitter.com/c7Plfsdi1M — mahdione15 , (@mahdione15) July 5, 2025 While no direct transfer to centralised exchanges was detected, a typical sell signal was issued; however, the scale of the move caused a ripple across the market. Traders feared that such a massive stash entering circulation could spark a correction. In response, long positions were unwound, shorts piled in around the $110,000 resistance level, and price slipped nearly 2% within hours. BTC price drop: $110,000 → $107,600 24h trading volume: Over $41.3 billion Dormant BTC moved: 80,000 BTC (~$8.6 billion) Price as of writing: $108,035 Despite the initial shock, the fact that the BTC was not sent to exchanges suggests internal wallet reorganisation rather than a coordinated sell-off. Old Bitcoin Whales Are Waking Up as Bitcoin Nears All-Time High Some old $BTC wallets, unused for over 14 years, are now active again. – An early user, holding 80,009 BTC ($8.69B), just moved 40,000 BTC ($4.35B) after years of silence. – Coinbase’s Conor Grogan believes this… https://t.co/49mEXgMbHH pic.twitter.com/kzQEOESdsz — Kapoor Kshitiz (@kshitizkapoor_) July 4, 2025 However, the event highlighted the sensitivity of sentiment, particularly when Bitcoin hovers near key psychological and technical resistance zones. Long-Term Outlook Buoyed by Liquidity Forecasts While short-term sentiment faltered, longer-term bulls found encouragement in macro commentary from Sui Group Chief Economist Hong Hao. Speaking to Phoenix Finance, Hong projected that Bitcoin could hit fresh all-time highs by late 2025, driven by strong global liquidity and dovish monetary policies. Hong emphasised that Bitcoin remains highly responsive to changes in liquidity, and with central banks likely to loosen financial conditions into 2025, risk assets like BTC stand to benefit. He also pointed to improving sentiment in U.S. equities, suggesting broader risk-on appetite could return. For now, analysts say this dual narrative—short-term caution vs. long-term optimism—will likely keep BTC consolidating as markets digest the implications of dormant coin activity. #Bitcoin $BTC is consolidating near $108K after rejecting $110,400 resistance. Price is holding the ascending trendline and 50 EMA support at $108,250. Support: $107,325 Targets: $109,307 → $110,413 Breakdown below $107K could trigger $105K test. #BTC #Crypto #TechnicalAnalysis pic.twitter.com/yejFHVY3VB — Arslan Ali (@forex_arslan) July 5, 2025 Bitcoin Technical Analysis: Bounce or Breakdown? Technically, Bitcoin is clinging to support at $108,035 after failing to break above $110,413. Price action on the 2-hour chart shows consolidation above a key ascending trendline and just below the 50-period EMA ($108,250). A bearish divergence in the MACD histogram hints at weakening upside momentum. Bitcoin Price Chart – Source: Tradingview Unless BTC breaks below $107,325, the structure remains intact. A bounce from the current zone could reignite trade momentum. Trade Setup : Entry Zone: $107,800–$108,100 (watch for bullish engulfing) Upside Targets: $109,307 and $110,413 Stop-Loss: Below $107,200 to reduce risk MACD Signal: Bearish crossover; wait for confirmation For a Bitcoin price prediction , the next 48 hours will be crucial, as a break below the trendline support would invalidate the uptrend. However, if the $108K level holds, this remains a classic “buy-the-dip” scenario in a structurally bullish setup. Bitcoin Hyper Presale Surges Past $1.92M as Price Rise Nears Bitcoin Hyper ($HYPER) , the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), has surpassed $1.90 million in its public presale, with $1,927,122 raised out of a $2,373,526 target. The token is priced at $0.012125, with the next price tier expected within hours. Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity. The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction. The post Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift? appeared first on Cryptonews .
