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ChartrunnerMan

Has the bubble bust? BTC is headed to new suppport

Short
Bitcoin (BITSTAMP:BTCUSD)  
ChartrunnerMan Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
BTCUSD is heading down to R1. If it can not hold here then the next level is R2. BTW 5780 is a standard deviation down from BTC's all time highs. Will it make it? Leave a comment if you think so.
Trade closed: target reached:
I think there maybe a third wave that will bring us down again. We have to keep an eye on the that outer trend line.
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