You've been waiting for BTC to fall to $50k for over a year, with or without an irregular flat.

And your only mention of a bullish alternative count is:
"that the bearish option will be invalidated above $114k."

This isn't Elliott, this is your bearish thread.

The norm in Elliott, especially in long-term terms, is to have two alternatives, one bullish and one bearish.

You've been using only one for a year: going for $50k.
https://bitcointalk.org/index.php?topic=5485551.msg64037630#msg64037630