<ul data-eligibleForWebStory="false"><li>The Bitcoin price failed to stay above $110,000 despite positive US jobs data and is currently hovering around $107,000, showing indecision in the crypto market.</li><li>Prominent on-chain analyst Burak Kesmeci suggests that $105,000 could be a crucial support level for Bitcoin, citing Realized Price UTXO Age Bands as a key indicator.</li><li>The 1-week to 1-month age band, currently at $105,799, is seen as a support level where short-term holders are likely to defend their positions by purchasing more coins, influencing market sentiment.</li><li>Investors can expect positive price momentum if Bitcoin maintains its position above $105,799. As of now, Bitcoin is trading slightly above $108,100, with a weekly increase of 1% according to CoinGecko data.</li></ul>

Bitcoin Price Could Resume Uptrend If $105,000 Support Holds — Here’s How

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