Bitcoin 4H | Two Paths, One StructureBitcoin / U.S. dollarBITSTAMP:BTCUSDMehdi_Abbasi_EWP⏱️ Reading Time: ~3 minutes Hey everyone, In this 4H Bitcoin update, I’m looking at two main scenarios. Both are based on the rules and guidelines of the Elliott Wave Principle, but each one suggests a different structural path for the market. 🔴 Scenario 1 | Bearish Case In the bearish scenario, the assumption is that the recent bullish structure has been completed and the market is now developing a higher-degree corrective pattern. The current structure could develop into an Expanded Flat, meaning that after the corrective components are completed, the market could still have a significant decline ahead. If this interpretation is correct, the next move could develop as a five-wave bearish Impulse. Under this scenario, the $40K and even $30K areas could be considered potential zones where the larger correction might eventually terminate. However, these are not fixed targets. The actual price structure should be examined carefully if and when the market reaches those areas. The important point is that a sharp decline alone would not be enough to confirm this scenario. We would need to see a coherent bearish structure developing wave by wave and degree by degree. 🟦 Scenario 2 | Bullish Case The bullish scenario is built on a different interpretation. This path depends on the continuation of an Impulse, but for this count to gain stronger structural confirmation, the market would first need to develop a recognizable correction and then produce another clear impulsive price action. Simply making one strong move higher is not enough. The structure would ideally need to show something like: Impulse → Correction → Impulsive Price Action If this behavior continues, the bullish scenario could gain more structural strength and the higher targets could come back into focus. 🔎 The Bigger Picture So, at this stage, we have two different structural paths: In the bearish scenario, Bitcoin could complete a larger correction and then develop a five-wave bearish Impulse. In the bullish scenario, the market needs to demonstrate that the current advance is part of a larger motive structure, followed by an appropriate correction and another impulsive move. Both scenarios follow the same principle: We don't force the scenario onto the market; we let the price structure confirm or invalidate it. For now, the most important thing for me is not the $30K level or the higher targets. It is the character of the next wave and the structure price develops from here. We follow the structure, not the prediction. – Patterns whisper. I listen. – Mr. Nobody 🎧📊 Bitcoin 2 days ago Mr. Nobody | Bitcoin Daily — Structure Before Prediction