The count still very much valid. Only minor adjustments.

It's important to understand this is not a "call", per say. Yet. It's a risk warning. But downside acceleration to the low $50's will confirm this count for me and turn it into a call.

Just like a break above $74k confirms a target of $100k to $130k. But that also requires an 80% drop to follow.

The point is there is no confirmation EITHER direction in Bitcoin: up or down. But downside risk is very high. And upside potential is low. Thus, the place to be in this market is sidelines until a clear setup presents itself.