Bitcoin nearing $100,000 as dormant wallets reactivate

Recently, dormant wallets inactive since 2015 have transferred large amounts of Bitcoin, like one moving 60 BTC and another from 2012 moving 105 BTC. These transactions highlight strategic shifts in long-term investor behavior and indicate increased market activity.

Bitcoin faces resistance at $98,300, $102,175, and $104,954 while having support at $92,105 and $89,418. Current RSI stands at 42.84, suggesting bearish trends. The price is fluctuating around $95,528, and a break from these levels could set future trends.

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