Bitcoin Faces $24M Sell Wall, Key Test at $95K
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 06 2026- Sell Wall Formation: Bitcoin faces a $24 million sell wall near $95,000, a significant resistance that could impact short-term market movements as whales prepare to offload large BTC positions.
- Market Testing: The presence of this sell wall suggests that whales may be testing market demand or protecting profits, with a breakout potentially igniting strong bullish momentum, while a rejection could lead to short-term pullbacks.
- Volume Monitoring: Analysts emphasize the importance of monitoring order books and trading volume, as a high-volume breakout above $95,000 could indicate strong market confidence and propel Bitcoin toward new highs.
- Key Market Sentiment: Bitcoin's $95,000 sell wall serves as a crucial test of market sentiment, where a breakout could attract more retail and institutional buyers, while a rejection may trigger short-term volatility, necessitating close attention to this pivotal level.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
