Potentially Lower Lost BTC Percentage Revealed
- Old Wallets Reawakening: The surge in Bitcoin prices above $100K has led to the reactivation of many old wallets, resulting in the discovery of previously lost BTC, indicating a shift in holding structures that could impact market liquidity.
- Lost BTC Metrics: A total of 3,410,435.74 BTC have been idle for over a decade, including early miner reserves and blocks mined by Satoshi Nakamoto, which remain unspent and may influence future market supply.
- New vs. Old Holders: New wallets show shorter holding periods with a smaller share of BTC idling for over 12 months, suggesting that newer buyers prefer active trading over long-term holding, potentially increasing market volatility.
- Security Concerns: Some users have moved idle BTC to new, harder-to-trace addresses due to security and privacy concerns, reflecting worries about the risks associated with transparent addresses that could invite both digital and physical attacks.
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Technical Analysis for SATS
Technical Sentiment Analysis for SATS (Ordinals) (SATS) As of , SATS (Ordinals) (SATS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SATS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SATS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
SATS (Ordinals) (SATS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000000144 | 0.00000000471 | 0.00000000865 | 0.0000000119 | 0.0000000159 | 0.0000000191 | 0.0000000231 |
| Fibonacci | 0.00000000471 | 0.00000000747 | 0.00000000917 | 0.0000000119 | 0.0000000147 | 0.0000000164 | 0.0000000191 |
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