BTCUSD Forming regular Market Structures

BTCUSD in an ascending broadening wedge. Although this may look great in the short term, it has high potential for a 40-68% breakdown in the long term. Ascending broadening wedges tend to disappear in bear markets but are very apparent in bull markets. This patterns shows that BTC has the potential to hit the 19K mark by the end of August, with a strong change of a big breakdown or breakout.