The BTCUSD market is forming the down motive wave Y as a double zigzag [W]-[X]-[Y]. The first sub-wave [W] may have completed as a bearish zigzag (A)-(B)-(C). There is developing the linking wave [X] as a simple zigzag (A)-(B)-(C). The Bitcoin price should be rising in the (C) impulse to a level of 45920.00, as outlined in the chart. Next, the market will be falling in the motive wave [Y].
Trading plan for BTCUSD today:
Take profit: 45920.00