Bitcoin is still in bearish trend.
Reversal Pattern Falling wedge was invalidated on 13 June.
Since then it was in Bearish Flag that continues on 26 August.
Now it is at confirmation.
If the confirmation - staying below ca. 22000 for next week will be completed the down trend will continue.
Breaking out of falling wedge need at leas 23000 and staying for a week above 23000
Reversal Pattern Falling wedge was invalidated on 13 June.
Since then it was in Bearish Flag that continues on 26 August.
Now it is at confirmation.
If the confirmation - staying below ca. 22000 for next week will be completed the down trend will continue.
Breaking out of falling wedge need at leas 23000 and staying for a week above 23000
