Unless BTC breaks out and holds 61.5K, more pain is coming.

This move up to a 100K is looking more difficult than I expected. I think lots of people will need to lose money before 100K can happen. The complexity in this wave 4 structure is a reflection of the BTC market becoming mature. More players are in crypto now and with it more randomness and scenarios can play out. I'd stay long but if you're in leverage, know that a 48k bitcoin is not impossible.