Bitcoin Nears $100,000 Resistance as Long-Term Holders Sell and New Whales Sit at $99,000
On 10 January 2026, on-chain indicators showed Bitcoin shifting as long-term holders moved from accumulating to selling while newer whale wallets clustered around $99,000. The price is still trading above short-term support and the 21-day moving average, but it has stayed below the 50-week simple moving average for nine straight weeks. This combination of renewed supply from older coins and whale break-even levels near $99,000–$100,000 leaves the market at a sensitive point for the next major move.
