Technical analysis by Cryptocurrency_analystBaker about Symbol BTC on 5/10/2025

The Bitcoin 4-hour chart shows a strong bullish structure. The breakout candle cuts through the key resistance area into a small amount of $98,000 and $100,000. Now, Bitcoin support is between $96,000 and $98,000, which is the area of ​​previous consolidation and breakout activity.The current Bitcoin price movement is experiencing a mild consolidation, just within the $104,000 resistance range. A key observation is that the price failed twice to confirm the $103,900-$104,200 area, forming a soft horizontal ceiling. The local support near $102,600 has undergone multiple intraday dips, strengthening the short-term bullish structure, but also hinting at potential Bitcoin price volatility if the bears retest the area.Due to the comfortable EMA (4-hour chart) of the price, and the rising volume during the breakout, this rise may be extended to $106,000-108,500. The price prediction remains cautiously bullish. If a close above $103,900 is managed on the hourly chart, the next upside target would be near $106,200 and $108,000, in line with the previous daily resistance cluster. However, failure to break the ceiling could trigger support near $102,600 and even the psychological handle of $100,000. A decline below $98,500 would shift the near-term bias to neutral. BTCUSD BTCUSDT.P BTCUSDT BTCUSD BTCUSDT.P BTCUSD