Bitcoin Price Clears $17K, Why Dips Turn Attractive In Short-Term

Bitcoin price was able to clear the $17,000 resistance. BTC is consolidating gains and might remain supported above the $16,750 level.Bitcoin gained pace and cleared 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 key bullish trend line forming with support near $16,950 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could rise further if it stays above the $16,500 support zone.Bitcoin Pr