Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

Bitcoin price is still facing resistance below $17,000. BTC could decline heavily if there is a clear move below the $16,000 support zone.Bitcoin is still showing bearish signs below the $16,800 and $17,000 resistance levels.
The price is trading above $16,500 and the 100 hourly simple moving average.
There was a break above a key bearish trend line with resistance near $16,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could resume its decline if there is a clear