Bitcoin Price Key Indicators Suggest Strengthening Case For Upside Break

Bitcoin price is attempting an upside break above $16,800. BTC could gain bullish momentum if it clears the $16,800 and $17,000 levels.Bitcoin is still trading in a major range below the $16,800 and $17,000 resistance levels.
The price is trading above $16,600 and the 100 hourly simple moving average.
There is a key bullish trend line forming with support near $16,620 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could gain bullish momentum if it settles above the $16