The BTCUSD continues forming the motive wave W s a standard zigzag [A]-[B]-[C], with the final impulse [C] developing inside. Within the [C] impulse, wave 4 of (5) must have completed as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. Therefore, the Bitcoin price should be falling in sub-wave 5 to a level of 17500.00. Sub-wave 5 could complete either as an impulse or as an ending diagonal.
Trading plan for BTCUSD today:
Take profit: 17500.00.