Technical Sign Hints Bitcoin (BTC) Could Surge to $17,000

Bitcoin (BTC) has managed to claw back some of its losses made in July. After trading below $10,000 for over a week, the cryptocurrency broke out, reclaiming the auspicious five-figure price point as outlined in this NewsBTC report.
Since then, the ball has been in the court of bulls, so to speak. As of the time of writing this, Bitcoin is trading at $10,500, having rallied by around 10% in the past week.
While BTC has yet to close above the key resistance levels of $10,600 and $11,000, the mark