TA: Bitcoin Price Tops Near $25K, Why Dips Might Be Limited

Bitcoin traded close to $25,000 before it corrected lower against the US Dollar. BTC must stay above the $23,500 support to start another increase.Bitcoin started a fresh increase above the $24,000 resistance zone.
The price is now trading above the $23,600 level and the 100 hourly simple moving average.
There was a break below a major bullish trend line with support near $24,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is now approaching a major support zone nea