Bitcoin (BTC/USD) is moving sideways in a choppy and corrective bear flag chart pattern, which is typical for a wave 4. The alternative is a bearish triangle. In both cases a new low is expected unless price breaks above the key resistance zone, which could indicate an uptrend.
Check out the video for the full analysis and trade plans on 27-31 August 2018:
Good trading,
Chris Svorcik
Elite CurrenSea
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