TA: Bitcoin Price Could Rally Again If It Stays Above This Key Support

Bitcoin started a downside correction from the $24,000 resistance against the US Dollar. BTC is finding bids near $22,500 and might start a fresh increase.Bitcoin started a downside correction and traded below the $23,000 level.
The price is now trading above the $22,000 level and testing the 100 hourly simple moving average.
There was a break above a key bearish trend line with resistance near $22,750 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to ri