Bitcoin Back Above $92K But New Risk Awaits

In Brief

• Bitcoin has rebounded above $92,000, reviving market optimism after a long downtrend.
• Heavy sell orders clustered between $92,000 and $95,000 present a near-term risk.
• Bitcoin may have found a bottom, but overcoming immediate resistance remains critical.

Shedrach Kongvong 2026-01-05

While Bitcoin has staged a decent rally rising above $92,000 for the first time since early December 2025, there are still risks on its path to higher prices. The asset faces risks of huge selloffs between $92,000 and $95,000 that can potentially foil the upward move.

Crypto analyst Ted Pillows shared data revealing large sell orders on Binance within the range. These sell orders if triggered can lead to a retrace which could delay the push upwards. However, Ted adds that Bitcoin can easily sprint to $100K once it manages to break above $95K.

$BTC has large sell orders from the $92,000 to $95,000 level on Binance.

If bulls are able to push Bitcoin above the $95,000 level, there is very little resistance until $100,000. pic.twitter.com/rGrqhn0E5G

— Ted (@TedPillows) January 4, 2026

Will Bitcoin Jump This Hurdle

Bitcoin entered a rally at the end of last week that spread to the rest of the crypto market. For the first time since December 11th, the coin was able to break through the $90,000 level and rose to $92,000. This success has restored positive sentiment in the crypto space and the hope of a further rise to higher prices.

The large sell orders on Binance however pose a serious threat to the continuation of the upward move. The only way out is for buyers to absorb the sell orders, thus giving way for Bitcoin to freely push through the $95,000 level, but this remains a probability. By hitting $100,000, Bitcoin will be reaching a new level in its recovery that was last seen in mid-November 2025.

Bitcoin showed signs of hitting a bottom last week, touching a historical trendline that has held true for 12 years. During this time, the asset’s price touched the trendline in 2013, 2015, 2022, and now 2025. Unlike previous indicators that failed to confirm the reversal, this trendline seems to have truly marked a bottom since Bitcoin saw this significant rally after.

Bitcoin Faces Fresh Resistance

Following the quick rise above $92,000, Bitcoin has attempted to take out $93,000 but this has become challenging. The coin has touched this price three times in the last ten hours, being rejected quickly every time.

A picture of Bitcoin 1-day price chart. Source: Coinmarketcap.com

Going forward, this level will likely be the next resistance that Bitcoin must deal with to continue its upward push. Interestingly, this falls within the range of large sell orders, which means buyers must step in to help push prices higher or things may stagnate for a while.