🚨🚨Bitcoin Whales Awaken! $11 Million Moved After 10 Years – Market Is Stressed! 🐳💰

As Bitcoin hovers around $59,825, two previously dormant Bitcoin whales have just woken up, moving a staggering $11 million in 10 years! These sudden transfers have sparked massive speculation in the crypto market, raising questions about potential market changes. 🔍

➡️Main Event

➖Whales Awaken After 10 Years: Dormant Wallets, Inactive Since Satoshi's Time, Suddenly Move 174 BTC ($10.16 Million) 🚨

➖Impact on Bitcoin Price: As the price nears a key resistance level around $61,870, speculation is growing about a potential bullish momentum or an impending pullback.

➖Blockchain Buzz: The reactivation of these wallets, often associated with early miners, has sent ripples through the crypto community. 🐳

➡️Bitcoin At Critical Level 📉

Bitcoin is trading near $59,825, forming an ascending triangle pattern—a bullish indicator. With support around $59,300, there is a chance of a breakout if the price holds above this level. However, the main hurdle lies at the resistance level of $61,870, which could limit any gains.

➖Support level: $59,300 is a key support level where buying opportunities may arise.

➖Resistance: Keep an eye on $61,870—a difficult ceiling that Bitcoin has struggled to break in the past. 🟥

➖50-day EMA: Providing further support near $59,355, reinforcing the bullish sentiment.

Remember: Bitcoin price could see a major breakout if it stays above $59,300. However, bulls must overcome the $61,870 resistance level to make further gains.

This sudden whale activity is being closely watched. Currently, the market remains in a state of tension, wondering whether Bitcoin will break through the resistance or retrace.