The BTCUSD continues declining. The final impulse wave [C] of the descending zigzag-shaped wave W is developing. The first four legs have completed in the [C] impulse, and the final wave (5) is unfolding as a bearish impulse 1-2-3-4-5. Sub-waves 1-2-3-4 have finished, and the final sub-wave 5 of a smaller degree is forming. The price could be moving down to a level of 17690.00, where wave (5) will be 61.8% of wave (3).
Trading plan for BTCUSD today:
Take profit: 17690.00.