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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
  • Lummis’ RISE Act is ‘timely and needed’ but short on details
  • Break Singapore’s new crypto rules and you could face $200K fine or jail
  • Intents fix crypto's UX crisis and pave the way for agentic DeFi
  • Despite Trump’s backing, crypto is choosing MiCA over America: Paybis
  • Texas governor signs bill adding Bitcoin to official reserves
  • Bitcoin price risks sub-$100K dive after Trump confirms Iran strikes
  • Signal trading ‘school’ and fake exchange rob investor of $860K: Lawsuit

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