Bitcoin is caught between the low of that big dip and highs. It looks like it is in the fourth and final phase of the dragon head pattern (Ghostsquawk exclusive!). This is characterized by ranging after the volatility incurred with the correction. We are likely to see continued ranging until another burst of momentum which will constitute the first impulse in the next 5-3 Elliott Wave. The next targets are 41.9K then 44.9K.