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BTC $76,730.42 -1.85%
ETH $2,288.63 -3.05%
BNB $622.95 -1.61%
XRP $1.39 -2.41%
SOL $84.55 -2.62%
TRX $0.3256 +0.47%
DOGE $0.0979 -1.34%
ADA $0.2457 -2.73%
BCH $448.59 -0.93%
LINK $9.24 -2.66%
HYPE $41.72 +0.34%
AAVE $96.36 -0.78%
SUI $0.9261 -2.11%
XLM $0.1648 -3.55%
ZEC $355.80 -0.02%

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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