Short position ordered at $12485 with a stop-loss at $13017 on BTC/USD (Bitfinex).
With gains of +15% thus far, the short position from $12485 remains active with a stop-loss at $13017.
Target range remains at ($8061/$7599) $7907 on average for an additional 25% gain.
Idealised and speculative Elliott Wave model indicative of price and structure, not time:
Are you expecting a big bounce once it hits 8k?