Bitcoin (BTC) back to 9,070 USD level today, May 21, 2020, as we go to press: a few bitcoins moved from an old wallet have moved the price fluctuation lines of BTC, which was still confined recently, in a restricted range with little volatility. The daily RSI (14) has gone down well: we are now operating in a neutral zone whereas, only 2 days ago, we were at the 60 level, with an over-sold Bitcoin.
Satoshi or not Satoshi
Not surprisingly, the tweets of the past 24 hours have hovered around 40 BTC displaced yesterday, May 20, 2020, who come from a wallet sleeping since 2009.
The first reflex of a large number of cryptophiles was to say that these Bitcoins come from the wallets even of the dad of Bitcoin, which thus returns to the cryptosphere, after being inactive for some time.
Other crypto analysts like WhalePanda, think that Bitcoin is in the midst of a $ 400 drop due to “idiots” who think that Satoshi Nakamoto is moving BTC.