The Bitcoin price is trading inside a short-term ascending channel.
The closest minor resistance area is found between $9,700-$9,800.
In the long-term, Bitcoin was rejected by a descending resistance line and the $10,400 resistance area.
The Trust Project is an international consortium of news organizations building standards of transparency.
The Bitcoin price has been gradually increasing inside an ascending channel since the rapid decrease on June 2. The price is expected to reach the closest resistance area, found between $9,700-$9,800. Bitcoin has been increasing since heavy losses on June 2, when the price reached a low of $9,266. Yesterday, the price broke out from the $9,550 minor resistance area and has been moving