Bitcoin may be trying to escape a path (slow path) to 40K level here. The most logical way for the bulls to pull this off behind the bear\s back would be this backdoor route Using LTCBTC and BTC price action, i've come up with this plan for the week on a LONG. It is possible that this could be a short Wave 5, but I can't rule out a dip to 33k level on Wave 5 (either is likely, but the long target remains the same) (Not a financial advisor, I am a bull right now though)
TP 1 40K
TP 2 42K