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 . The price of Bitcoin (BTC) has almost not changed since yesterday. 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. 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. 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.