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BTC $76,931.48 -0.45%
ETH $2,128.01 +0.22%
BNB $643.16 -0.87%
XRP $1.39 -0.61%
SOL $85.33 +0.47%
TRX $0.3556 +0.11%
DOGE $0.1046 -3.23%
ADA $0.2514 +0.05%
BCH $378.40 -6.40%
LINK $9.61 +0.83%
HYPE $47.88 +4.73%
AAVE $89.46 +0.89%
SUI $1.06 +2.11%
XLM $0.1472 -1.14%
ZEC $561.51 +6.30%

Analysis: If Bitcoin holds the key closing price of $104,500, it may initiate a second round of price discovery upward trend

2025-05-11 21:46:05
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ChainCatcher news, according to Cointelegraph, analyst Rekt Capital stated that the key weekly closing price level for Bitcoin is around $104,500, which must turn into support. Bitcoin is on the verge of starting a second round of price discovery upward trend. Whether Bitcoin can close above the recently reclaimed accumulation range this week is crucial.

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