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.

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