Bitcoin Price Resumes Increase as Crypto Bulls Aim More Upsides

Bitcoin price extended its increase and traded towards $17,500. BTC is consolidating gains and might aim a move towards the $18,000 resistance.Bitcoin extended its rise above the $17,200 and $17,250 resistance levels.
The price is trading above $17,200 and the 100 hourly simple moving average.
There is a major bullish trend line forming with support near $17,350 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move up towards the $18,000 resistance zone