By the way my last analysis is not yet invalidated.
1. We are into the 4th wave: we are into a running flat, I mean we gonna hit 2300~2400cny/345~370usd, once this target is reached we have to range slightly up as I drew (red lines) to break up and to make the last wave up for this fractal, this would go to 3300cny/500usd as minimum and 800usd/5050cny as max.
2. We are into the 2nd wave: if this is true then price has to fall to 320usd/2050cny approx. to make the wave A of the ABC down, which would shape a bigger H&S after retesting 3100cny/460usd. At the same time this would send price down to 1000cny/170usd to make double bottom. Then you could take a look on my BTC: WEEKLY VIEW publication.
3. We are into the ABC (double zigzag) from january 2015 (same targets of the 1st Theory) to go up and the same targets of the second theory to go down.