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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
  • FTX seeks time to respond as creditors fight freeze on $470M foreign claims
  • To the moon? Justin Sun to be launched into space after $28M bid
  • Bitcoin bull run 'likely close to over' says trader as XRP flips McDonald's
  • Trump’s media company reports $2B in Bitcoin after crypto bills pass US House
  • Stablecoin or CBDC? Tether’s latest freeze adds fuel to decentralization debate
  • Trump’s Bitcoin mentor bet on BTC treasury strategies — and his wealth is exploding
  • Progressives are losing the crypto future

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