The Bitcoin price continues falling. The motive wave W is currently forming, with the bearish impulse wave [C] unfolding inside. Four sub-waves have completed within the [C] impulse. The BTCUSD market should be falling in sub-wave 5, which will conclude impulse (5) at a level around 14600.00, where wave (5) will be 76.4% of wave (3), according to the Fibonacci extensions.
Trading plan for BTCUSD today:
Sell 20638.00,
Take profit: 14600.00.
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