Bitcoin Market Update 8/29/2014 Triangle

Update before the weekend. We are now in consolidation inside of a triangle. This is more clear on the daily, volume has dried up, price action is choppy. We are waiting for this one to settle and breakout either up or down. My bet is down because trend is down. But the possibly of a retest to 550 or so is possible and likely. Have a good weekend, follow me on twitter @ibankbitcoins