Bitcoin Price Holds Strong At 100 SMA – A Strengthening Case For Upside

Bitcoin price is holding the $26,400 support zone. BTC could gain bullish momentum if there is a close above the $27,000 resistance zone.Bitcoin is holding gains above the $26,200 support level.
The price is trading above $26,500 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support near $26,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a steady increase if it settles above $26,850 and then $27,000.Bitc