Note : First of all Backup your Bitcoin wallet.dat and blockchain to external drive.
Instructions to move blockchain directory :
Step 1. Close your Bitcoin client, if already running.
Step 2. Locate and move Bitcoin data files.
(Windows XP)
C:\Documents and Settings\YourUserName\Application data\Bitcoin
(Windows Vista, Windows 7 and Windows 8)
C:\Users\YourUserName\Appdata\Roaming\Bitcoin
Step 3. Copy “ Bitcoin ” directory to another drive, for example “ E: ” drive.
Step 4. Now right click on “ Properties ” of “ Bitcoin.exe ” and add following in “ Target ”
-datadir=e:\BitCoin
Step 5. Start Bitcoin, now you will see that your wallet is now loading from the new data directory.
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