Bitcoin has recovered after exploring the price levels slightly under $19,000. The flagship cryptocurrency hit a barrier at $19,500, hence the ongoing retreat. At the time of writing, BTC/USD is teetering at $19,290. The Bollinger Bands shows that Bitcoin is in the middle of a consolidation period. Bitcoin’s immediate upside has been limited by the upper boundary of the BB. However, to sustain an uptrend and perhaps ensure that the impending breakout is on the upside, bulls must ensure that the middle boundary is guarded at all costs. For now, the least resistance path is on the downside as emphasized by the Relative ... (full story)