The BTCUSD is forming a downtrend. The most recent chart section displays the structure of the new bearish wave, unfolding as an impulse. Sub-waves (1) and (2) may have completed. There is unfolding sub-wave (3), which should end at a level of 33818.00, where wave (3) will be 123.6% of wave (1). An approximate trajectory of the Bitcoin future price movement is outlined in the chart.
Trading plan for BTCUSD today:
Take profit: 33818.00.