An immediate support is near the $9,800 level. It coincides with the 76.4% Fib retracement level of the last major wave from the $9,637 low to $10,383 high. If there are more downsides, bitcoin price could revisit the $9,650 support area. The main support area is near the $9,500 and $9,400 levels, below which there could be a sharp drop to $9,000.
On the upside, the recent support near the $10,100 level might act as a resistance. The key resistances are near $10,300, $10,400 and the 100 simple moving average (4-hours). To start a solid upward move, the price must settle above the $10,400 resistance and the 100 simple moving average (4-hours).
Looking at the chart, bitcoin price is clearly struggling to gain bullish momentum above $10,200 and $10,300. Therefore, there is a risk of additional losses below the $9,800 and $9,650 support levels.