TA: Bitcoin Price Resilience Suggests A Fresh Rally is Imminent: Here’s Why

Bitcoin found a strong buying interest near $18,500 against the US Dollar. BTC is recovering and there could be a fresh increase above the $20,000 resistance.Bitcoin remained stable and the bulls again protected the $18,500 support zone.
The price is trading above $19,000 and the 100 hourly simple moving average.
There is a short-term channel forming with support near $19,280 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a fresh rally if there is a clear m