The BTCUSD is forming the motive down wave W as a standard zigzag [A]-[B]-[C]. There is forming impulse [C], with the final sub-wave (5) unfolding inside as an impulse 1-2-3-4-5. The first four sub-waves must have completed in the impulse, and the bearish sub-wave 5 is developing as an impulse ----, as outlined in the chart.
Trading plan for BTCUSD today:
Take profit: 17500.00.