BTC/USD: Can Bulls Get the Rate to $9,500 Shortly?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
According to the daily time frame, the picture is not optimistic for bulls. The volatility is getting lower, as well as, the local peaks. The bearish trend has not fully started so far as Bitcoin ( BTC ) is still above $8,500. However, the ongoing sideways trading is about to switch to bears' dominance if the leading crypto cannot fix above the $9,500 soon. If that happens, the closest support is $8,700.


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