[8/26 10:00 追記]
Clearly, there is a strong resistance forming near $10,400 and $10,500. More importantly, there is a crucial bearish trend line forming with resistance near $10,400 on the 4-hours chart of the BTC/USD pair. Above the trend line, the next key resistance is near the $10,680 level and the 100 simple moving average (4-hours). It also coincides with the 76.4% Fib retracement level of the recent drop from the $10,964 high to $9,757 low.
Therefore, an upside break above $10,500 and $10,680 could spark a strong upward move in bitcoin. The next stop for the bulls could be near the $10,900 and $11,000 levels. Conversely, if the price struggles to gain traction above $10,400 and $10,500, there could be a fresh decline. An immediate support is near the $10,000 level. However, the main support is near the $9,800 area, below which the price could tumble.
Looking at the chart, bitcoin price is facing an uphill task near $10,400 and $10,500. Until there is a close above $10,500, the bears remain in action