Hive account@haejin and Hive account@jdog - My chart for BITSTAMP and COINBASE show the price this morning to be well inside the pattern again at about 8,100 plus as of this post.

A few points to consider that may apply here.

1. On a daily basis the volume yesterday was the highest daily volume since December 2015.
2. From my studies, I have often read that triangle patterns are more reliable when they break out around 75% of the pattern and less so under 75% or over 75% nearer to the Apex.
3. Other patterns like flags and pennants were also said to be more reliable with aprox a 66% break out and not as accurate a prediction when they break early or late at the Apex.
4. Also if you look at volume and pattern you will see a nicely confirming inverted head and shoulders developing.

I could not find similar examples for the downward wedge but I am assuming similar guidelines may apply.

My point is that with the current price rising fast, huge daily volume, and a probably breakout around 75% of the pattern instead of at the very apex may be a good thing. Especially if this is an inverted head and shoulders completes too. Maybe we are making the final turn?

Just another opinion to consider......