🚀 Bitcoin Surpasses $105,000, Hits Multi-Month High! 💰

Bitcoin just surged past $105,000 before the weekly close on May 11, marking a multi-month high! 🔥 According to analyst Rekt Capital, it's crucial for Bitcoin to maintain a weekly close above $104,500 to solidify this level as support.

If Bitcoin can hold strong above this range, we could be entering a new phase of price discovery and a bullish trend! 📈

🧐 Liquidity is concentrated near the current price, and $106,000 is the next major resistance level. But, some traders are cautious, fearing a potential "false breakout" that could drop the price back to $102,000 or lower.

What are your thoughts? Is Bitcoin ready for the next big move? 🤔💥 #Bitcoin #CryptoNews #BinanceSquare