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Bitcoin must close the week above this level to start 'price discovery 2'

cryptoweekly by cryptoweekly
May 11, 2025
in bitcoin, News
0

Bitcoin bulls are on the cusp of launching the market back to all-time highs and beyond, new BTC price analysis confirms ahead of a crucial weekly close.

Key points:

Bitcoin analysis identifies the all-important price point to hold into the weekly close as all-time highs loom.

Liquidity is tightly clustered around current spot price, with $106,000 the likely next battleground.

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Recent Posts
  • Metaplanet now holds more Bitcoin than El Salvador
  • Teens kidnap Las Vegas man at gunpoint, stealing $4M in crypto
  • Stablecoin bill gets second chance with Northern Mariana lawmakers
  • Trump’s US-China trade deal could shed light on Bitcoin’s use case
  • ‘Dark stablecoins’ could emerge as regulations tighten
  • Ledger secures Discord after hacker bot tried to steal seed phrases
  • White House claims 'substantial progress' on China trade deal

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