BTC $64,111.68 +1.74%
ETH $1,897.77 +0.53%
BNB $602.39 +0.10%
XRP $0.9949 -0.30%
SOL $75.44 +0.53%
TRX $0.3308 -0.40%
DOGE $0.0699 +0.03%
ADA $0.1724 -1.63%
BCH $203.48 -0.35%
LINK $9.44 -0.03%
HYPE $59.09 +1.39%
AAVE $88.11 +2.10%
SUI $0.6700 -0.32%
XLM $0.1564 -0.15%
ZEC $512.94 +4.70%
BTC $64,111.68 +1.74%
ETH $1,897.77 +0.53%
BNB $602.39 +0.10%
XRP $0.9949 -0.30%
SOL $75.44 +0.53%
TRX $0.3308 -0.40%
DOGE $0.0699 +0.03%
ADA $0.1724 -1.63%
BCH $203.48 -0.35%
LINK $9.44 -0.03%
HYPE $59.09 +1.39%
AAVE $88.11 +2.10%
SUI $0.6700 -0.32%
XLM $0.1564 -0.15%
ZEC $512.94 +4.70%

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

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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