John Walsh: Large bitcoin sell wall emerges near $82,000

John Walsh: Large bitcoin sell wall emerges near $82,000
Bitcoin meets resistance at $82,000 level

John Walsh reports that a significant sell wall has been established for bitcoin as it approaches the $82,000 level.

He observes that this development suggests resistance to further upward movement in bitcoin's price at this threshold.

Walsh recently outlined potential price scenarios for bitcoin, projecting either a rally to $87,000 or a drop to $68,000–$70,000 in the near term in previous commentary. He also pointed to Solana approaching a key resistance level before an anticipated move above $100 million in an earlier report. These observations come as he now highlights the latest resistance near $82,000 for bitcoin.

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