Bitcoin market continues to form a corrective wave B, which serves as the middle part of a potential three-wave A-B-C zigzag. Wave B is unfolding as a double zigzag [W]-[X]-[Y]. The last two sub-waves [X] and [Y] look like double zigzags (W)-(X)-(Y) of a smaller wave degree. To complete the last sub-wave [Y], an ascending actionary sub-wave (Y) is needed. It is expected to end around level 18144.00.
Trading plan for BTCUSD today:
Take profit: 18144.00.