Bitcoin News: Sudden Movement of Dormant Bitcoin Sparks Bearish Concerns

In a surprising turn of events, a significant amount of dormant Bitcoin has been moved, raising concerns about the cryptocurrency’s future. Here’s what you need to know.

8,000 Dormant Bitcoin Suddenly Move: What’s Next For The Market?

CryptoQuant analyst Maartunn reports that 8,000 Bitcoin (BTC) which have been dormant for five to seven years have been moved suddenly, adding to current bearish concerns. This comes after BTC prices struggled to break above $89,000 due to heavy selling pressures driven by US President Donald Trump’s hawkish tariff policy. The Spent Output Age Bands metric revealed that 8,000 BTC worth $674 million last transferred between 2018 and 2020 have been moved recently in a single block.

Bitcoin ETFs See 10-Day Inflow Streak, Totaling $1.06 Billion

Bitcoin ETF inflows have totaled $1.06 billion over the past 10 days, reversing early March outflows. Assets under management (AUM) climbed from $88 billion to $98.3 billion as demand stabilized across crypto ETFs. The sustained inflows provide short-term relief for Bitcoin ETFs, following a significant recovery from a rough start to the month. Institutional investors are leaning back into BTC, impacting the market positively.

Bitcoin CME Gap Close About To Happen With Push Toward $83,000

Bitcoin (BTC) is steadily approaching the highly anticipated Chicago Mercantile Exchange (CME) gap close. Price action is aligning with analysts’ expectations of a move toward $83,000. After a recent surge toward $89,000 that faced rejection, Bitcoin is now pulling back. Crypto analyst Astronomer on X (formerly Twitter) has pinpointed the $83,000 – $84,000 range as the next critical support level. If this support fails, further downside is possible.

Bitcoin’s Market Tilts Towards Reset Zone

Bitcoin’s long-term holders continue to realize profits, but momentum is slowing down. Short-term holders dominate loss realization, indicating weaker near-term demand. A shifting balance in Bitcoin’s on-chain dynamics revealed that short-term holders are now shouldering nearly all of the realized losses, a trend that could signal a broader market reset. According to Glassnode, over 80% of realized value in the Bitcoin market can be currently attributed to short-term holders who acquired their coins within the last 155 days.

Bitcoin’s Bearish Turn Signals Drop to $73,919

Bitcoin confirms a bearish rising wedge breakdown, threatening its recent gains. After struggling to hold key support levels, BTC has sliced through critical trendlines, indicating a deeper correction toward $73,919. With selling pressure intensifying and market sentiment turning cautious, traders are closely monitoring Bitcoin’s stability. If bears maintain control, BTC could face steeper declines.