BTC is consolidating on the support in an extremely positive way, this can be a good area to go scalp long. Despite this we wait on the outcome of this month. Incase it recovers the 105k I think we will have big add up this month.
Well let's just say we don't know if the consolidation direction is towards positive trends but because we're expecting much believing the bull run will last for a while if not for the rest of the year.
Otherwise, since we've met the Ath of $112,509, we just can't tell if the value was going to be the peak for this cycle which then, the consolidation we're experiencing now could as well be a negative direction where market begin to decline while down trending to the bear. But because there had been huge purchases of the instituional investors, we're believing that much more up trends will still come and major breakouts would be the direction of the current consolidated volatility.