Bitcoin Price (BTC) Trading Near Inflection Point, Can Bulls Make It?

Bitcoin price declined heavily below the $9,800 and $9,500 support levels against the US Dollar.
The price traded to a new weekly low at $9,118 and it is currently correcting higher.
There is a crucial contracting triangle forming with resistance near $9,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price could either climb above $9,700 and $9,800 or decline sharply towards $9,000.Bitcoin price is holding the $9,300 support level against the US Dollar. However, BTC pr