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.
My speculations are that we will experience a break of the resistance away from the consolidation zone this month, remember the current support was a resistance few months back and after breaking that only weeks ago, it will in take sometime for it to be broken to become a resistance again, so it will most likely only be retested and then the upwards move may resume and $110k is very possible before June rounds up.
The consolation qe are seeing now I think has lasted awhile enough and so possible breakout is very probable soon from my point view , but then these happens to my speculative assertion and so may not be respected but let's keep a very optimistic mind in the bullish direction for Bitcoin as the chance for it is very high in this month of June.