{"id":824002,"date":"2025-02-03T07:12:33","date_gmt":"2025-02-03T13:12:33","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/03\/bitcoin-dormant-wallets-are-waking-up-good-news-for-btc\/"},"modified":"2025-02-03T07:12:33","modified_gmt":"2025-02-03T13:12:33","slug":"bitcoin-dormant-wallets-are-waking-up-good-news-for-btc","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/03\/bitcoin-dormant-wallets-are-waking-up-good-news-for-btc\/","title":{"rendered":"Bitcoin: Dormant wallets are waking up \u2013 Good news for BTC?"},"content":{"rendered":"<div id=\"single-post-wrapper\">\n<p><img width=\"1200\" height=\"675\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Samyukhtha-8-1200x675.webp\" alt=\"Bitcoin: Dormant wallets are waking up - Good news for BTC?\" decoding=\"async\" fetchpriority=\"high\"  >\n\t\t\t\t\t\t<\/p>\n<div>\n<div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"Avatar\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/232-e1730628203973-80x80.jpeg\" height=\"48\" width=\"48\"><\/p>\n<p>Journalist<\/p>\n<\/p><\/div>\n<div>\n<h4>Share this article<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<ul>\n<li><em>Bitcoin\u2019s reactivated lost coins suggest that the bull market may be entering its final phase.<\/em><\/li>\n<li><em>A crucial support at $97,190 could determine Bitcoin\u2019s next moves.<\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" data-wpel-link=\"internal\">Bitcoin\u2019s [BTC]<\/a> bull market is entering a critical juncture, with signs suggesting that a major turning point could be just around the corner.<\/p>\n<p>In recent months, we\u2019ve seen a notable surge in activity, as once-dormant Bitcoin addresses come back to life \u2014 an event often seen during strong bullish trends.<\/p>\n<p>This reactivation of previously \u201clost\u201d coins is fueling speculation that Bitcoin is gearing up for its next big move.<\/p>\n<p>Simultaneously, key indicators are highlighting a crucial support level at $97,190 \u2014 one that Bitcoin must maintain if this rally is to continue.<\/p>\n<h2 data-pm-slice=\"1 1 []\">Lost coins are returning<\/h2>\n<p>Lost coins refer to BTC that has been dormant for years, often held by early investors or whales who either forgot or chose not to move their assets.<\/p>\n<p>When these coins start moving again, it signals that long-term holders may be preparing to take profits or adjust their positions.<\/p>\n<p>Historically, this reactivation has aligned with major bullish phases, indicating a potential shift toward the final leg of the bull run.<\/p>\n<div id=\"attachment_464047\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464047\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L.jpeg\" alt=\"Bitcoin\" width=\"2048\" height=\"1152\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%202048%201152'%3E%3C\/svg%3E\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L.jpeg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L-300x169.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L-1024x576.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L-768x432.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L-1536x864.jpeg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L-1200x675.jpeg 1200w\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GitB7jGWgAAgU1L.jpeg\"><\/a><\/p>\n<p id=\"caption-attachment-464047\">Source: Alphractal<\/p>\n<\/div>\n<p><a href=\"https:\/\/x.com\/joao_wedson\/status\/1885673365102354824\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">The data illustrates<\/a> this phenomenon, showing how lost coins are becoming active once more. This behavior has consistently aligned with Bitcoin\u2019s most explosive price runs.<\/p>\n<p>Over the past several months, Bitcoin\u2019s price has continued to climb, pushing toward new all-time highs. However, as seen in previous cycles, the final phase of a bull market often comes with heightened volatility.<\/p>\n<p>If previously inactive BTC holders begin selling in large volumes, this could introduce short-term downward pressure before the market resumes its upward trajectory.<\/p>\n<h2 data-pm-slice=\"1 1 []\">$97,190: The line in the sand for Bitcoin\u2019s bull market<\/h2>\n<p><a href=\"https:\/\/x.com\/ali_charts\/status\/1885707680163225663\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Crypto analyst Ali Martinez<\/a> has pointed out that $97,190 is a crucial support level for Bitcoin. On-chain data shows that this level represents a significant cluster of BTC holdings.<\/p>\n<div id=\"attachment_464053\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GisUdkRW4AE-nwH.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464053\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GisUdkRW4AE-nwH.jpeg\" alt width=\"900\" height=\"377\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20900%20377'%3E%3C\/svg%3E\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GisUdkRW4AE-nwH.jpeg 900w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GisUdkRW4AE-nwH-300x126.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GisUdkRW4AE-nwH-768x322.jpeg 768w\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/GisUdkRW4AE-nwH.jpeg\"><\/a><\/p>\n<p id=\"caption-attachment-464053\">Source: X<\/p>\n<\/div>\n<p>Approximately 1.45 million addresses acquired BTC between $95,772 and $98,719, with a total volume of 138k BTC.<\/p>\n<p>If Bitcoin remains above this zone, the uptrend is likely to continue, as these holders are unlikely to sell at a loss.<\/p>\n<p>However, if BTC breaks below this level, it could trigger a wave of selling pressure from these investors, leading to a steeper correction.<\/p>\n<p>This makes $97,190 a psychological and technical level to watch in the coming weeks.<\/p>\n<h2 data-pm-slice=\"1 1 []\">Market structure and key resistance levels<\/h2>\n<p>Looking at Bitcoin\u2019s price chart, we can see that BTC has been in a strong uptrend, with higher highs and higher lows.<\/p>\n<p>The king coin was trading at $100,733 at press time, facing minor resistance in the $104,000\u2013$108,000 range.<\/p>\n<p>A clean breakout above these levels could open the door to a new price discovery phase, with BTC potentially targeting $120,000 and beyond.<\/p>\n<div id=\"attachment_464054\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464054\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1.png\" alt width=\"1554\" height=\"809\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201554%20809'%3E%3C\/svg%3E\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1.png 1554w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1-300x156.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1-1024x533.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1-768x400.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1-1536x800.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1-1200x625.png 1200w\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-02_11-20-34-1.png\"><\/a><\/p>\n<p id=\"caption-attachment-464054\">Source: TradingView<\/p>\n<\/div>\n<p>On the other hand, if Bitcoin struggles to break resistance and loses momentum, we could see a short-term pullback toward $97,190.<\/p>\n<hr>\n<p>Read\u00a0<a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin\u2019s [BTC] Price Prediction<\/a>\u00a02025-26<\/p>\n<hr>\n<p>A break below this level might test lower support zones around $92,000 and $88,000, where large buying interest exists.<\/p>\n<p data-pm-slice=\"1 1 []\">For now, all eyes are on <a href=\"https:\/\/ambcrypto.com\/bitcoins-road-to-3-trillion-market-cap-might-be-shorter-than-expected-heres-why\/\" data-wpel-link=\"internal\">Bitcoin\u2019s price action,<\/a> as the market decides its next move.<\/p>\n<div>\n<h4>Share<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/ambcrypto.com\/bitcoin-dormant-wallets-are-waking-up-good-news-for-btc\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Samantha LKM<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Share this article Bitcoin\u2019s reactivated lost coins suggest that the bull market may be entering its final phase. A crucial support at $97,190 could determine Bitcoin\u2019s next moves. Bitcoin\u2019s [BTC] bull market is entering a critical juncture, with signs suggesting that a major turning point could be just around the corner. In recent months<\/p>\n","protected":false},"author":1,"featured_media":824003,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,41156],"tags":[],"class_list":["post-824002","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-dormant"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/824002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=824002"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/824002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/824003"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=824002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=824002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=824002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}