Bitcoin has recently reached a new all-time high, sparking increased movement in older Bitcoins. While such activity can sometimes lead to selling pressure, Bitcoin's market position remains robust.

Following Bitcoin's rise to the 90K level, daily transfers have been closely monitored. On November 12, significant transfers occurred, with notable amounts held for varying durations, suggesting a temporary market stabilization.

Despite the selling pressure from these movements, the lack of widespread spending of older Bitcoins indicates no significant market decline. The current outlook remains optimistic, with expectations of continued upward momentum, potentially facing a correction around the 95K-100K range.