Technical analysis by ArShevelev about Symbol BTC on 5/9/2025

Bitcoin is at a pivotal moment after showing weakness at $104,000! BTC recently hit a high of $104,338 but failed to hold, pulling back to $102,500. The big question now: will this level hold as support? I seeing a potential support at $102,500. A break below could send BTC toward the Prev Day Mid at $100,600, while a bounce might push it back toward $104,000 or even $109,100 to Yearly Highs.Key Levels to Watch: Resistance: $104,000Support: $102,500, $100,600 (Prev Day Mid) Breakout Target: $109,100 Breakdown Risk: $98,00Will BTC hold $102,500, or are we in for a deeper correction? Let’s hear your thoughts below!