It will get there, but slowly.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This upwar triangle is nearly as slow as the May-July one. But we're getting there.

The local minimum seen right now won't drop below 11200, probably it will rebound at 11470.

The move up will happen close to or in September.
Comment: And boom! Just touched 11480 and returning higher.