Looks like after long time downward journey a relief pump is going to expected in form of ABC correction looks like after successfully completed Wave A it is making correction in form of Triangle (Contracting). If you want to trade then use Bottom of Wave A as stop Loss.
BTCUSD Is Retesting Period and after touching this main trend line it will try to go down to the price level 8k.
Keep in touch I will update further time to time
