Bitcoin must close the week above this level to start 'price discovery 2'
Bitcoin bulls are on the cusp of launching the market back to all-time highs and beyond, new BTC price analysis confirms ahead of a crucial weekly close.
Key points:
Bitcoin analysis identifies the all-important price point to hold into the weekly close as all-time highs loom.
Liquidity is tightly clustered around current spot price, with $106,000 the likely next battleground.
Some traders are expecting the bid to enter price discovery to fail.