Bitcoin weekly close must hit this $108K+ level to rescue key ‘demand area’

Bitcoin price volatility returned into the weekly close with a key reclaim zone in sight, while liquidations exceeded $200 million in 24 hours.

Key points:

Bitcoin can keep the bull market range in play if it reclaims $108,400 in the coming hours, says analysis.

Volatility increases into the weekly close as thin order books see $200 million in 24-hour liquidations.

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