This is a short term look at a small leg of BTC. This is an elliot wave break down of BTC over the short term. I expect BTC to test the restistance speed arc's and in time break the preliminary support of the last decline. I have not drawn a declining 3 wave correction after target completion - as I don't intend to support a scalp on this position.
Generally with BTC this far off of an all time high, I don't recommend scalping the coin, but if one must the analysis here should give good stop limit targets and should allow a re-entry upon the start of the 3 wave corrective action.