Bitcoin Bearish Butterfly

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

zippy1day

Looks as if this harmonic is correct we may drop a bit further see link for possible targets!
The potential bull flag looks a busted pattern.
It this is a 1/2 wave in a higher degree we need to stay above recent lows i.e. $34300

https://1.bp.blogspot.com/-YU0leTNqEPQ/V6DmPtg7nBI/AAAAAAAAETU/IdCZHjxHBTkhsgSiGviSjouXLXerxinDACLcB/s1600/butterflybearish.png

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