Bitcoin holders ‘distribute’ as $105K becomes BTC’s last stronghold
Bitcoin’s Jackson Hole gains evaporated after an assortment of BTC holder cohorts began to distribute. Is $105,000 the next stop?
Key takeaways:
Bitcoin’s sharp rebound after Jackson Hole fizzled into a bearish weekly engulfing candle.
Onchain data shows $105,000 as the key support as mid-size wallets sell.