BTCUSD 4H Elliott Wave Bearish Reversal Structure AnalysisBitcoinCRYPTO:BTCUSDBitcoinprofitableOn the BTCUSD 4H chart, the structure suggests a completed impulsive bullish sequence followed by a developing corrective phase. The market appears to have finished a five-wave impulse to the upside, with wave (5) showing signs of exhaustion near resistance. This is typically followed by an ABC correction, and current price action aligns with the early stages of that corrective move. Wave A initiated a strong decline, indicating the first shift in momentum from bullish to bearish. Wave B formed a temporary retracement upward, often trapping late buyers. Now, price seems to be transitioning into wave C, which usually extends downward with stronger momentum and can break below previous support levels. The structure also shows a rising wedge pattern before the drop, reinforcing the bearish outlook. This pattern often signals weakening buying pressure and a higher probability of reversal. Entry Points: Consider short entry near the completion of wave B (resistance zone). Conservative entry after confirmation of wave C (break of support). Exit Points: Take profit near previous swing lows or Fibonacci extension targets (wave C completion). Stop loss above the recent high of wave B or wave (5). Risk management is essential, as invalidation occurs if price breaks above the prior high.