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Crypto Prune > News > Crypto > Bitcoin > Bitcoin (BTC) price forecast for May 10th
Bitcoin

Bitcoin (BTC) price forecast for May 10th

8 months ago 1 Min Read

According to Coinmarketcap, most coins are in the green zone at the beginning of the weekend.

Article image

BTC/USD

Bitcoin (BTC) prices have hardly changed since yesterday.

Article image

On the hourly chart, BTC rates are far from important levels. The volume remains low. This means that sharp movements are unlikely to happen by tomorrow.

Article image

In a larger time frame, the focus should be on bar closures with regard to a $104,159 resistance. If it occurs far from that mark, the Bears could seize the initiative, which could drop to the $102,000 mark.

Article image

From a medium term perspective, the photographs are against it.

If the candle is closed near the peak and there is no long wick, growth can last in the $106,000-108,000 range.

Bitcoin is trading at $103,546 at press time.

See also  New “last resort” strategy to sell Bitcoin could trigger on 15% drop – $1.4 billion cash reserve set
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