Just a fractal or breakout.

Expect September to be very volatile for risky assets.
Bitcoin has reached to 0.618 fib level.
In parallel to there is no upward trend on Google search trends, M2 money supply is slowed down.


Personally I do not expect a breakout. (Except a fake potential breakout that may surges to 54K).
D.Y.O.R
Bitcoin (Cryptocurrency)Chart PatternsFundamental Analysis

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