BTC/USD: Is the Remaining Bulls' Power Enough to Get to $9,400?

On the daily chart, the continued rise after reaching the zone of $9,400-$9,450 is unlikely to happen. First of all, it is confirmed by the declining traidng volume. Besides, Bitcoin (BTC) has been trading in the falling channel since the start of June and one might expect a move to the bottom level of it. In this case, the zone of $8,700 may be a level where bears might find a bullish resistnace.