Bitcoin Price Holds 100 SMA – A Strengthening Case For Fresh Increase

Bitcoin price is still above the $33,200 support zone. BTC could start a fresh increase unless there is a close below the 100 hourly SMA and $33,400.Bitcoin is still struggling to clear the $35,000 resistance.
The price is trading above $33,500 and the 100 hourly Simple moving average.
There is a connecting bearish trend line forming with resistance near $34,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a fresh increase if it clears the trend line and