Bitcoin (BTC) Price Recovery Could Fade, Fresh Decrease Likely

Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.
The price is facing a strong resistance near the $10,350 and $10,400 levels.
There is a major bearish trend line forming with resistance near $10,290 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price is likely to resume its decline as long as it is trading below the $10,500 resistance.Bitcoin price is facing many hurdles on the upside near $10,400 against the US Dollar. BTC