TA: Bitcoin Price Attempts Recovery, Why 100 SMA Is The Key

Bitcoin started an upside correction from the $18,223 low against the US Dollar. BTC climbed above $19,000, but it is now facing resistance near the 100 hourly SMA.Bitcoin traded as low as $18,223 before it started an upside correction.
The price is still trading below $20,000 and the 100 hourly simple moving average.
There is a key bearish trend line forming with resistance near $19,650 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair must clear the trend line and the 1