Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000
We do not have to wait for June. Bitcoin has already passed 7000$ in May. But i think all this big bitcoin movement is result of some manipulation by the whales. USD Tehther issue at bitfinex and Binance withdrawal disable can be considered as two major factor why the bitcoin prices are rising too high. I also have a feeling that once the binance will open withdrawal, the bitcoin might dump hard.
I am also suspecting this, which is why I am waiting for when Binance will allow deposit and withdrawal of coins again, since Binance is the biggest exchange that people use to have access to other projects, that action they took might make people to just focus on bitcoin for now.
I just hope that this will not divert attention of people to exchanges they have not seen as reliable before and once people get use to these exchange, they might not move their funds back to Binance, but I hope that bitcoin price will not dump again, because any slight retrace now may panic people and make them to speedily start selling off.