
Bitcoin (BTC) Price Prediction for May 10
Most of the coins are in the green zone at the beginning of the weekend, according to CoinMarketCap.CoinMarketCap">The price of Bitcoin has almost not changed since yesterday.TradingView">On the hourly chart, the rate of BTC is far from the key levels. The volume remains low, which means any sharp moves are unlikely to happen by tomorrow.TradingView">On the bigger time frame, one should focus on the bar closure in terms of the resistance of $104,159. If it happens far from that mark, bears may seize the initiative, which may lead to a drop to the $102,000 mark.TradingView">From the midterm point of view, the picture is the opposite.If the candle closes near its peak and with no long wick, the growth is likely to continue to the $106,000-$108,000 range.Bitcoin is trading at $103,546 at press time.