BTCUSD Elliott Wave Bullish Continuation Toward Higher ResistancBitcoinCRYPTO:BTCUSDBitcoinprofitableOn the BTCUSD 1H chart, the structure reflects a developing Elliott Wave impulsive sequence following a completed corrective phase. Price previously formed a clear ABC correction, where wave A initiated the decline, wave B provided a temporary retracement, and wave C completed the correction near a descending support trendline. This zone acted as accumulation, confirming buyer strength. After the correction, price began forming a new impulsive cycle. Wave (1) shows the initial breakout from consolidation, followed by a shallow wave (2) retracement that respects higher lows—indicating bullish continuation. The current strong upward movement suggests wave (3) is in progress, typically the most powerful and extended wave in Elliott theory. Momentum and bullish candles support this scenario. Looking ahead, a minor pullback forming wave (4) is expected before a final push into wave (5), targeting the upper resistance trendline near the 80,800–81,000 zone. The overall structure remains bullish as long as price holds above the wave (2) low. This setup aligns with trend continuation strategies, where traders look for pullbacks rather than chasing price. Volume expansion and strong breakouts confirm institutional participation, increasing the probability of higher highs in the short term. Entry & Exit Points: Entry: Buy at pullback (Wave 4 zone) around 78,800–79,200 Alternative Entry: Breakout above 79,000 resistance Stop Loss: Below 78,000 (below wave 2 structure) Take Profit 1: 79,800 Take Profit 2: 80,800–81,000 (Wave 5 target)