Bitcoin must close the week above this level to start ‘price discovery 2’

From Cointelegraph

May 11, 2025 09:31 am:

Bitcoin preserved gains into the May 11 weekly close, with liquidity around $106,000. Speculation over US-China trade deal boosted weekend upside volatility to nearly $105,000. Analysts expect Bitcoin to reach all-time highs and kickstart price discovery. Exchange order book data shows thickening liquidity around spot price. Some traders remain bearish, anticipating a potential correction. Il Capo of Crypto warns of a possible full reversal of Bitcoin’s rebound.

Read more at Cointelegraph: Bitcoin must close the week above this level to start ‘price discovery 2’