A little BTC analysis...

Ran some technicals on BTC and found a huge wedge in play. After price fell from highs in December, it has been compressed within a wedge up until now. A clear break of the upper TL, which has held strong on 3 occasions could signal a bullish breakout which would have a knock on effect on other coins. However, a break of the lower TL is also possible although support has held strong for the last 7 attempts. I expect price to reach $11,500 by mid-August if breaks to the upside.