Bitcoin 1H | The Wave at the CrossroadsBitcoin / US DollarCOINBASE:BTCUSDMehdi_Abbasi_EWPHey everyone, Here’s my latest Bitcoin 1H update, focusing on the current structure and the impulsive pattern that has been developing from the recent low. Based on the Elliott Wave Principle, I’m currently treating this move as a potential five-wave impulsive structure. The main question now is the relationship between Wave 4 and Wave 5, because the way this section develops could give us an important clue about the next higher-degree structure. In Case 1 — the Bullish Case, Wave 4 may already be complete at the recent low. If this count is confirmed, the next move could be Wave 5, completing the current impulsive pattern. In Case 2 — the Corrective Case, we have another possibility. If the recent low fails to hold and Bitcoin moves lower again, the decline could still be part of Wave 4. In that case, the correction may develop as a Double Zigzag or another more complex corrective structure. So for now, we have two main paths: Wave 4 may be complete and Wave 5 may be developing, or Wave 4 may still need more time and price action to complete its corrective structure. But there’s one more important point. If we see stronger downside pressure, that doesn’t automatically mean a larger Bear Market is beginning. It could instead suggest that the current impulsive pattern has already been completed and that Bitcoin has entered a higher-degree Wave (2) correction. That’s why I’m not focusing on direction alone. The internal structure and the way the next wave develops should tell us whether we’re still dealing with the continuation of an impulse or the beginning of a larger-degree correction. For now, I’ll let the market reveal the next piece of the puzzle. We follow the structure, not the prediction. – Patterns whisper. I listen. – Mr. Nobody 🎧📊 Bitcoin CME Futures Jun 1 BTCUSD — Chapter 2: Structure Before Fortune