Technically, this has formed a symmetrical triangle, reflecting a rough balance between bulls and bears, without a lot of conviction either way, as the chart here shows.
Interesting article about where the price of bitcoin may be heading in the near term. It does seem like we've been in a tight trading range for a long time now. Obviously, I'm betting that we break out to the upside, fingers crossed.....
Read the full story here....
https://www.forbes.com/sites/brendancoffey/2019/08/25/bitcoin-poised-to-break-out-big/#130751ba4373
