Bitcoin is once again under pressure as the market navigates a volatile and uncertain phase. After briefly reclaiming the $111K level, the world’s largest cryptocurrency is struggling to maintain $110K as a stable support zone. Sellers are regaining control, and bearish traders are calling for a deeper retrace toward lower range levels — possibly below the six-figure mark.
Adding to the cautious tone, fresh data from CryptoQuant reveals a concerning on-chain development: old Bitcoin coins are waking up. This metric, which tracks previously dormant BTC moving on-chain, has shown a sharp increase among coins aged 3–5 years, indicating that long-term holders are starting to move or sell part of their holdings. Historically, such behavior has preceded phases of heightened volatility or deeper