Key points:

• The liquidity is strictly centered around the current spot price, and 106,000 USD is likely to be the next battlefield.

• Some traders expect that the price introduction offer will not end in failure.

Bitcoin (BTC) preserved gigantic profits in a weekly closing on May 11, when the analysis meant a key level to maintain the next.

Analysis: The BTC price can “start a breakthrough process”

Data from CointeLraph Markets Pro i TradingView He showed a weekend additional variability, providing a up-to-date maximum maximum of almost USD 105,000.

Lack of liquidity during trade “outside of hours” contributed to the move, which once again appeared in positive rumors regarding the US-China trade agreement.

$ Btc
Almost marking 105 thousand $ Again the headlines

Markets will want to see Trumps’ comments on the path forward with trade between the USA and China

Shipping data already suggest that the initiation pic.twitter.com/aijqalilws

– SKEW δ (@52KSKEW) May 10, 2025

Now the popular salesman and Rekt Capital analyst confirmed that Bitcoin may even start returning to the highest quality and discover prices.

He said that the most crucial weekly close level to support was about USD 104,500.

“Can Bitcoin do this? Can Bitcoin close to the high range of the recently recovered re -accumulation every week to start the breakthrough process?” He asked in Post on X next to the explanatory chart.

“Bitcoin is in mind the initial discovery of prices up 2.”

An additional update calculated the current market of bitcoin bulls as 85.5% of complete, but with the most non -calculating growth.

#BTC Progress on the bull market:

▓▓▓▓▓▓▓▓░░ 85.5%

(Progress will accelerate parabolic progress)$ Btc #Crypto #Bitcoin pic.twitter.com/qe88nvmo2z

– Rekt Capital (@Rectcapital) May 9, 2025

Look at the latest data of books with exchange orders from monitoring resources Kinglas He showed a immense cloud of questions focused around the area directly below USD 106,000 at the time of writing.

The offers have been reduced to USD 102,000, causing a concentrated liquidity band around the spot price to a weekly closure.

Bitcoin can still repeat “all movement”

Some market participants remained bear in brief time frames.

Related: Does Bitcoin intend to go parabolically? BTC prices include USD 160,000 next

On X, the popular HTL-NL trader argued that the current pursuit of the ups of all time would end with a “fake” to imprison the slow long.

“Will $ btc close/open a week remaining in the scope of whether it will do it” false (utad) “, or was it a scope of reaction, as many want to believe”, he wrote on the day.

“To be honest, although I still favor the first 2 options based on charts m/Q, reasons is not impossible.”

Another voice of caution, one too well known in Bitcoin commercial circles, came in the form of a trader Il Capo from Crypto.

In his The latest updates X.The nickname commentator warned that BTC/USD could improve to such an extent that its entire reflection would disappear.

“It’s time to scale, not inside,” he argued on May 10.

“Strong resistances are tested, and if it is only a tank correction since January, the whole movement can be fully reversed.”

Il Capo from Crypto originally gained publicity for its BTC prices in the amount of USD 12,000 at the beginning of the bull market in 2023.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.