BTC will drop to first red line(LINE oF REKT!!)..if btc is not able to reverse from that line then we will drop further to 3152$ zone.. If you followed my previous two btc analysis then this was very easy trade.
the sharp red bar cant be a wave three. check out the AO. It peaked and price continues to decline. There hasn't been a cross above the zero line indicating that there has been a wave 4.