Analyst: If Bitcoin holds its key closing price of $104500, it may initiate a second round of price discovery and an upward trend

BlockBeats News, on May 11th, according to Cointelegraph, analyst Rekt Capital stated that "Bitcoin's key weekly closing price level is around $104500 and must turn into support. Bitcoin is on the verge of opening a second round of price discovery and upward trend. Whether Bitcoin can regain the upper edge of the recent re accumulation range at this week's closing station is crucial