Here’s Why Bitcoin Bulls Need To Be Very Careful Here: A Big Pullback Is Still Possible

Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000).Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.
There are positive signs on the chart, but the bulls need be very careful unless the price breaches $10K.
There was a break above a key declining channel with resistance near $9,730 on the hourly chart of the BTC/USD pai