Bitcoin Above 100 SMA Could Spark A Fresh Run Towards $6,000

Bitcoin is currently rising and showing positive signs from the $4,350 swing low against the US Dollar. BTC price is likely to accelerate higher towards $6,000 if it settles above the 100 hourly SMA.Bitcoin is recovering nicely from the $4,350 and $4,500 support levels against the US Dollar.
It is back above the $5,000 level and it is trading with a bullish angle.
There is a major bearish trend line forming with resistance near $5,350 on the hourly chart of the BTC/USD pair (data feed from Krake