BTCUSD Intraday Elliott Wave Bullish Correction Trading SetupBitcoin / U.S. dollarBITSTAMP:BTCUSDBitcoinprofitableThe BTCUSD 30-minute chart shows a clear Elliott Wave structure transitioning from a corrective phase into a bullish impulse. The market previously completed an ABC correction, with wave C forming a strong bottom near the trendline support. From this low, a new five-wave impulse sequence (1–5) has developed, indicating bullish momentum. Wave 1 initiated the move upward, followed by a shallow wave 2 retracement. Wave 3 extended strongly, confirming buyer dominance, while wave 4 formed a controlled pullback within the ascending channel. Wave 5 appears near completion around the recent high, aligning with resistance and Fibonacci levels. Currently, price is entering a corrective phase after completing wave 5. The projected retracement targets the Fibonacci zone between 0.5 and 0.618, which aligns with structural support and trendline confluence. This suggests a potential wave B or new impulse setup forming after the pullback. Entry Points: Buy at 0.5 – 0.618 Fibonacci retracement (~75,000 – 74,700 zone). Confirm entry with bullish candlestick pattern or rejection. Exit Points: Take profit at previous high (~76,600) or higher extension levels. Set stop loss below 0.764 Fibonacci (~74,300) to manage risk. Overall, the trend remains bullish unless key support is broken.