- Over 80,000 decade-old BTC moved in a day, signaling potential market shift.
- Analysts project Bitcoin could hit $162K if historical patterns repeat.
- Bitcoin consolidates below $110K resistance, eyeing breakout amid strong support.
In a striking market development, over 80,000 Bitcoin (BTC) aged more than ten years moved in a single day. This historic transaction marks the largest daily shift of decade-old BTC ever recorded. Typically, such old coin movements are rare. Their reactivation often hints at significant market shifts, particularly when prices hover near cycle highs.
Diverging Yet Bullish Views
Crypto Rover emphasized that such massive transfers could precede either sharp corrections or renewed bullish momentum. Historically, moves like this coincide with key market transitions.
As Bitcoin surged from its 2022 low of $15,000 to over $70,000, the overall market structure turned bullish. Support remains solid near $40,000, while resistance hovers between $75,000 and $80,000. These levels are critical for the next major move.
WOAHHH 🤯
— Crypto Rover (@rovercrc) July 5, 2025
A RECORD BREAKING 80,000 $BTC ALL OVER 10 YEARS OLD WAS MOVED YESTERDAY MARKING THE LARGEST ONE DAY SHIFT EVER FOR COINS OF THIS AGE.
WE HAVE NEVER SEEN THIS BEFORE! 👇 pic.twitter.com/T22ItrOnQl
Meanwhile, Crypto Patel offered a mathematically driven projection. He argued that Bitcoin reaching $162,000 in this cycle is not a fantasy. Instead, it reflects repeated institutional behavior.
According to his analysis, Bitcoin experienced a long accumulation phase from 2022 to mid-2024. This was followed by a calculated rally led by institutions from June to November. Their entry drove Bitcoin to $107,000, delivering a 73% gain.
If history repeats, a similar rally could push BTC to $162,000. Fibonacci extensions and momentum indicators also support this bullish narrative.
#Bitcoin to $162K isn’t a dream — it’s just math.$BTC stayed quiet from 2022 to mid-2024 — pure accumulation.
— Crypto Patel (@CryptoPatel) July 5, 2025
Then came smart moves and manipulation (June–Nov).
By Jan 2025, institutions pumped it to $107K.
Last time they entered? +73% gains.
Repeat that, and we hit $162K.… pic.twitter.com/GP18z8HcBn
Bitcoin Still in Build-Up Mode
However, not all analysts foresee an immediate explosion in price. Michaël van de Poppe described the current market as a build-up phase. Bitcoin is consolidating below a critical resistance level at $110,545.
Price has recently swept liquidity near $108,000 and pulled back, possibly preparing for a breakout. Key support lies at $105,797, with further demand around $100,426. If Bitcoin breaks above $110,545, it could trigger the next major leg higher.
As of press time, Bitcoin trades at $108,027, marking a slight 0.73% decline in the last 24 hours. Trading volume sits at approximately $20 billion, supporting healthy market activity.
