I personally prefer this image to be in colour, but Black and White is an option. Also note that everyone has their own ideas so mine may neccessarily not be the best. Some may find the blacks in the colour image too heavy.
Ok, for the colour image I did these steps:
Boost Levels and Curves for contrast boost
Duplicate the layer, set to Multiply Mode. Duplicate layer again, set layer to pin light mode
On the first layer, convert image to Black and white.
Then for the Black and white image, I converted using the Lab Colour method. If you're not familiar with this I would suggest using the desaturate feature to make to black and white. However I find this gives a flat image. If you're familiar with Lab then this is how I converted to black and white:
Image > Mode > Lab Colour
In the channels window select the Lightness Layer, and copy the image.
Convert image back to RGB colour
In the channels window, paste into each channel (excluding the one that says RGB)
Boost levels and curves as neccessary to boost contrast.
Hopefully thats shown you some possibilities?
I would also advise shooting in RAW format if you don't already - helps expand possibilities easier in my opinion.
Edit: Fixed image link