AI Unlocks $420,000 Bitcoin After 11-Year Struggle
- Successful Bitcoin Recovery: After an 11-year struggle, Casper Kirschner successfully unlocked 5.25 BTC valued at approximately $420,000, marking a rare victory in the realm of 'lost' cryptocurrencies and showcasing AI's potential in data recovery.
- Lesson from Forgotten Password: In 2015, Kirschner forgot the new password for his digital wallet while under the influence in college, leaving the Bitcoin untouched as its value soared over the decade, highlighting the risks associated with managing crypto assets.
- AI Breakthrough: Utilizing Claude AI developed by Anthropic, Kirschner analyzed unstructured data from his old computer, discovering an older version of the wallet file that allowed him to bypass the 2015 'college mistake' and successfully transfer the funds.
- Widespread Lost Crypto Issue: According to Chainalysis, about 20% of all Bitcoin is estimated to be permanently lost, worth billions, and Kirschner's case underscores the emerging role of generative AI in digital forensics and legacy data recovery.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI 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 crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI 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 $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0112 | 0.0166 | 0.0201 | 0.0255 | 0.029 | 0.0344 | 0.0379 |
| Fibonacci | 0.0166 | 0.02 | 0.0221 | 0.0255 | 0.0289 | 0.031 | 0.0344 |
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