Bitcoin Price Breaks Key Barrier And Aims Fresh Rally To $18K

Bitcoin price gained pace and cleared the $17,000 resistance. BTC is showing positive signs and might rise towards the $18,000 resistance.Bitcoin started a fresh increase above the $16,800 and $17,000 resistance levels.
The price is trading above $16,800 and the 100 hourly simple moving average.
There is a major bullish trend line forming with support near $16,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could rise further towards the next hurdle near the $18,000