BTCUSD 1H Elliott Wave Corrective Bearish OutlookBitcoinCRYPTO:BTCUSDBitcoinprofitableThe BTCUSD 1H chart shows a completed impulsive structure followed by a developing corrective phase. The prior bullish move appears to have finished a five-wave impulse, with wave (5) topping near recent highs. After that peak, price action transitions into a corrective ABC pattern. Currently, wave A has formed a downward move, indicating the first sign of bearish pressure. The market is now likely forming wave B, a temporary retracement upward that often traps late buyers before the next decline. Wave B is expected to retest resistance zones around the previous structure highs but should remain below the peak of wave (5). Once wave B completes, wave C is projected to unfold strongly downward, typically mirroring or extending beyond wave A in length. This suggests a potential bearish continuation toward lower support levels. The structure reflects a classic Elliott Wave correction after an extended bullish trend. Momentum has weakened, and lower highs begin to form, reinforcing the bearish bias. Traders should be cautious of false breakouts during wave B and prepare for stronger downside volatility during wave C. Confirmation through rejection at resistance and bearish candlestick patterns will increase probability for short setups. Entry & Exit Points: Sell Entry: Near wave B completion (resistance zone) Confirmation: Bearish rejection / lower high formation Stop Loss: Above wave (5) high Take Profit 1: Previous support (wave A low) Take Profit 2: Extended target at wave C projection (lower lows)