BTC $62,656.38 -0.07%
ETH $1,784.15 +0.23%
BNB $570.03 +0.35%
XRP $1.06 -0.53%
SOL $75.12 -1.06%
TRX $0.3245 -1.69%
DOGE $0.0720 -0.02%
ADA $0.1578 -0.62%
BCH $233.51 -1.04%
LINK $7.95 +0.50%
HYPE $63.32 -3.73%
AAVE $96.15 +1.74%
SUI $0.7252 -0.54%
XLM $0.1789 -2.00%
ZEC $504.53 -2.78%
BTC $62,656.38 -0.07%
ETH $1,784.15 +0.23%
BNB $570.03 +0.35%
XRP $1.06 -0.53%
SOL $75.12 -1.06%
TRX $0.3245 -1.69%
DOGE $0.0720 -0.02%
ADA $0.1578 -0.62%
BCH $233.51 -1.04%
LINK $7.95 +0.50%
HYPE $63.32 -3.73%
AAVE $96.15 +1.74%
SUI $0.7252 -0.54%
XLM $0.1789 -2.00%
ZEC $504.53 -2.78%

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
Collection

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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