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?
Bitcoin holders are starting to sell off, causing price pressure and increased volatility. The $105,000 level is seen as a key support zone but also a risky trap for traders — if Bitcoin falls there, more selling and liquidations could happen. Right now, Bitcoin is around $110K, but many experts watch $105K closely as the “last stronghold” before a bigger move down or a bounce back. 📉🚀