BTC - Short Term Target

- Long term trend: Up
- Medium term trend: Down
- Short term trend: Up

If we pass yesterday's high ~13K, my opinion is that we can reach 1.618 fib ext.
Stoploss must be set at 11500 (That would reach wave (1)' and invalidate wave count)

Good luck!

Comment:

To be safe - Take some profits at previous high 12.9-13K.

Note! Wave 5 does not always surpass wave 3!

Trade closed: stop reached:

have not touched stoploss

but im closing without loss

Comment:

good that i closed without hesitation.
wait it out is the safest option imo traders.

Comment:

12K is new support for short
if we break 10500-11000 resistance level, we go down, with previous targets valid.