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- Bitcoin’s re -activated lost coins suggest that the bull market can enter its last phase.
- Key support in the amount of $ 97,190 could determine Bitcoin’s next moves.
The Bull Bitcoin Market (BTC) enters a critical compound, with signs that suggest that the main turning point could be around the corner.
In recent months, we have seen a significant increase in activities, because once the native bitcoin addresses are revived-a guess that is often seen during strong bull trends.
This reactivation of previously “lost” coins encourages speculation that Bitcoin is preparing for its next major move.
At the same time, key indicators highlight the key level of support at $ 97,190 – the one that Bitcoin must maintain if this rally continues.
Lost coins come back
Lost coins relate to BTC who has been sleeping for years, and are often held by early investors or whales they either forgot or decided not to move their property.
When these coins are moving again, it signals that long -term owners can prepare to take profit or adjust their positions.
Historically, this reactivation has been aligned with the main bull phases, indicating a potential shift according to the last leg of the bull running.
Source: Alphactal
Data illustrate This phenomenon, which shows how lost coins become active once again. This behavior has consistently stored with Bitcoin’s most explosive prices.
In the past few months, Bitcoin’s price has continued to climb, pushing towards a new top maximum. However, as seen in previous cycles, the last phase of the bull market often comes with increased volatility.
If previously inactive BTC owners begin to sell in large quantities, this could introduce short-term pressure down before the market continues its trajectory.
$ 97,190: A Line in the Bitcoin’s Bull Market
KRIPTO analyst Ali Martinez He pointed out that $ 97,190 is a key level of support for Bitcoin. The data on the chain shows that this level is a significant set of BTC’s share.
Source: x
About 1.45 million addresses were acquired BTC between $ 95,772 and $ 98,719, with total quantities of 138k BTC.
If Bitcoin stays above this zone, the cultivation is likely to continue, as these owners are unlikely to sell with a loss.
However, if the BTC breaks down below this level, it could trigger a wave of sales pressure of these investors, which would lead to steep correction.
Because of this, $ 97,190 is a psychological and technical level to watch in the coming weeks.
Market structure and level of key resistance
Looking at Bitcoin’s price ticket, we can see that BTC was in a strong trend, with a larger high and higher lowest lower.
The king traded in the amount of $ 100.733 at the time of the press, faced with smaller resistance in the range of 104,000 to $ 108,000.
A clean breakthrough above these levels could open the door to a new stage of pricing, with BTC potentially targeting $ 120,000 and more.
Source: TraringView
On the other hand, if Bitcoin struggles to break the resistance and lose the momentum, we could see a short -term return to $ 97,190.
Read Bitcoin (BTC) Price Predict 2025-26
The break below this level can test the lower support zones about $ 92,000 and $ 88,000, where there is a big shopping interest.
For now, all eyes are on Bitcoin prices because the market decides its next move.
