Short

Short Term Down Targets From 3000 Top

Since this recent breakout from this triangle, the 5 up waves have terminated and the down waves have began. Once the wave 2 low breaks, a good safe target is 2400, although another 150 to 2250 would be within range in this scenario.

(Invalidated if price goes above wave 5.)

OKCOIN:BTCCNY
Bitcoin (Cryptocurrency)BTC

Disclaimer