Bitcoin Price Regains Strength, Why BTC Could Surpass $18K This Time

Bitcoin price remained strong above the $16,700 level. BTC formed a base and started a fresh increase above the $17,000 resistance zone.Bitcoin found support near $16,700 and started a decent increase.
The price is trading above $17,000 and the 100 hourly simple moving average.
There was a break above a major bearish trend line with resistance near $16,875 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is eyeing more gains above the $17,400 and $17,500 resistance level