BTC/USD 1H Elliott Wave Outlook – Impulsive Continuation Toward BitcoinCRYPTO:BTCUSDBitcoinprofitableThe BTC/USD 1H chart shows a clear Elliott Wave impulsive structure developing after a completed corrective phase labeled W–X–Y. Price has already established waves (1) and (2), with wave (2) forming a higher low above the demand zone around 72,800–73,000, confirming bullish continuation. From this base, the market appears to be entering a strong wave (3), typically the most powerful and extended move in the Elliott sequence. The projected path suggests a five-wave advance: wave (3) pushing toward 76,800–77,200, followed by a shallow wave (4) pullback, and then a final wave (5) targeting the upper resistance trendline near 79,400–79,600. The structure aligns with bullish momentum and higher highs/higher lows, indicating buyers remain in control. Entry Plan: Conservative entry: Wait for a retracement into wave (2) support (74,500–74,800 zone) with bullish confirmation (engulfing candle or strong rejection). Aggressive entry: Enter breakout above wave (1) high (~75,500) to catch wave (3). Stop-Loss: Below wave (2) low (~73,800) to protect against invalidation. Take-Profit Targets: TP1: 76,800 (wave 3 partial) TP2: 77,800–78,200 (wave 4/5 transition) TP3: 79,400+ (final wave 5 completion) Overall bias remains bullish, with continuation favored unless price breaks below wave (2).