Bitcoin Price Prediction: Is the Recovery Just Getting Started?

Bitcoin price is slowly moving higher above the $16,750 resistance zone. BTC could gain bullish momentum if it settles above the $17,000 resistance zone.Bitcoin is slowly gaining pace from the $16,350 and $16,000 support 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 $16,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a steady increase if there is