BTC closing the wedge?

20 août 2018

Looking at the daily chart, it looks like BTC will be moving sideways till closing inside the wedge. A breakout then should be expected, either up or down, hopefully upwards in a new bull run.

28 août 2018

Note

An apparent break above the wedge is taking place, but we can't safely assume it's a confirmed break till $8,000. Otherwise, the current rise will just extend the wedge further and delay the big break for a while.