Bitcoin Price Hints At Potential Correction, But Can BTC Clear This Hurdle?

Bitcoin price started an upside correction from the $26,550 zone. BTC is rising and facing a strong resistance near the $27,300 and $27,500 levels.Bitcoin managed to recover above the $27,000 resistance zone.
The price is trading above $27,000 and the 100 hourly Simple moving average.
There was a break above a major bearish trend line with resistance near $27,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is showing signs of a recovery, but it could struggle near $