Bitcoin retests $78k–$80k; dormant wallets show split activity, no panic signs

min

Bitcoin tests $78k–$80k resistance. Two 14-year dormant wallets moved 18,300 BTC, split between selling and buying.

Title: Bitcoin hits $78k–$80k ceiling as 14-year wallets move 18,300 BTC

Bitcoin trades near $78,845. Price sits under a resistance cluster. Analysts watch the weekly close.

Two long-silent wallets activated on May 3. One sold 11,300 BTC (~$750M). One bought 7,000 BTC (~$470M). Source: Alphractal on-chain data.

These are Satoshi-era holdings. Such wallets rarely move.

CDD metrics show no panic. Flows look like capital rotation. Source: Alphractal.

Analysts say BTC broke a multi-month trendline and is retesting from above. A sustained close over the $78k–$80k range could signal a broader trend shift.

BTC weekly chart near $78k–$80k resistance

Key points for investors:
- 11,300 BTC sold vs 7,000 BTC bought, both on May 3. Source.
- Price near $78.8k at major resistance. BTC page.
- CDD shows no disorderly selling. Source.