TA: Bitcoin Gains Momentum, Why Break Above $30K Is Crucial

Bitcoin dived towards the $25,000 support zone against the US Dollar. BTC is now recovering and might eye an upside break above the key $30,000 resistance zone.Bitcoin found support above $25,000 and started an upside correction.
The price is still trading below $30,000 and the 100 hourly simple moving average.
There is a major bearish trend line forming with resistance near $30,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair must clear the $30,000 barrier to move i