Bitcoin Above 100 SMA (H4) Could Spark Strong Surge To $7.5K

Bitcoin is currently correcting higher from the $4,320 support area against the US Dollar. BTC could rally further if the bulls are able to push the price above $6,800 and the 100 SMA (H4).Bitcoin price seems to be facing a strong resistance zone near the $6,800 and $7,000 levels.
The 100 simple moving average (4-hours) holds the key for the next move.
There is a key bearish trend line forming with resistance near $6,680 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair