Bitcoin must hold above the Bollinger Bands’ middle boundary and the 50 SMA to sustain the uptrend. The IOMAP model by IntoTheBlock reveals the lack of substantial resistance that could hamper an upswing to $20,500. Bitcoin is still holding in consolidation between $19,000 and $19,500. Recent attempts to grow the uptrend to $20,000 were cut The post Bitcoin price hunts for a clear pathway to $20,500, as on-chain metrics improve appeared first on Coingape.