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Analyst: Bitcoin Could Launch Second Leg of Price Discovery if $10.45k Holds as Key Close

2025-05-11 21:39

BlockBeats News, May 11th, according to Cointelegraph, analyst Rekt Capital stated, "Bitcoin's key weekly closing price level is around $104,500 and must now convert to support. Bitcoin is on the cusp of initiating its second leg up in price discovery. Whether Bitcoin can close this week above the recent reclaim range highs is very critical."

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