BTCUSD Elliott Wave Setup Signals Bullish Continuation AheadBitcoinCRYPTO:BTCUSDBitcoinprofitableOn the BTC/USD 1H chart, the current Elliott Wave structure suggests a developing bullish continuation following a corrective phase. Price appears to be completing a complex ABC correction within a descending channel, labeled as wave (4). This correction shows weakening bearish momentum, with lower highs and lower lows gradually compressing, indicating potential exhaustion. The projected path highlights a final dip toward the lower channel support, completing wave (C) of (4). Once this correction is finalized, a strong impulsive move upward is expected, forming wave (5). This move could break above previous highs and continue toward the upper trendline resistance near the 80k–82k zone. The structure aligns with typical Elliott Wave behavior, where wave (5) follows a completed corrective phase. Traders should watch for confirmation signals such as bullish engulfing candles, breakout of the channel resistance, or increased volume. Risk management remains essential, as invalidation occurs if price breaks significantly below the projected wave (4) support. Overall, the setup favors bullish continuation, but patience is required until confirmation is clear. Entry & Exit Points: Entry: Near channel support after bullish confirmation Conservative Entry: Break above channel resistance Stop Loss: Below wave (4) low Take Profit 1: Previous high Take Profit 2: 80,000 – 82,000 resistance zone