Jan 15, 2026
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Bitcoin Breaks $95,000 as OG Selling Pressure Declines
Bitcoin Breaks $95,000 Mark
- Bitcoin has surged above the $95,000 level for the first time since mid-November.
- The market is divided on whether this is a constructive breakout or merely a relief move within a bearish trend.
OG Bitcoin Holders' Activity Declines
- An analysis by Darkfost indicates a sharp decline in activity from OG Bitcoin holders.
- Long-dormant coins are not being aggressively distributed, reducing structural sell pressure.
- This shift suggests less urgency to sell among long-term holders despite elevated prices.
Market Implications
- With reduced OG selling, price action is now more influenced by short-term demand and derivatives positioning.
- This change may lead to either consolidation or trend continuation.
Resistance and Market Dynamics
- Bitcoin's recent rally has reclaimed a key resistance around $95K–$96K.
- Volume remains moderate, driven by steady demand rather than speculation.
- Despite the breakout, Bitcoin still trades below longer-term moving averages.
- A sustained hold above $95,000 could push it towards the $98,000–$100,000 range.
- Failure to maintain current levels might lead to a retest of the $90,000–$92,000 support zone.
