if the larger wave 4 is in, then the only way for me to possibly count it is by calling that big drop from 64k an expanded flat. i don't like this count, but this is the only way we are able to make a bull case from an elliott wave perspective.
so from the lows in june, we saw 5 waves up into a completed wave (1) impulse, saw a pretty big dip today for a wave A, now we work on wave B (suckers rally) up to around 48~50k, followed by another drop down for wave C into the larger golden zone between 36~38k for wave (2).
from there btc moves up to 100k in a very strong impulsive move for wave (3).