BITCOIN ABOUT TO BLOW UP OR TOP NEAR? Read my thoughts below Bitcoin / U.S. dollarBITSTAMP:BTCUSDTradingBitcoinTVDefinitely Bitcoin looks strong compared to the rest of the crypto market. we have been consolidating on top of the previous all time highs, and that is bullish, now price has broken out from its resistance and strong support remains around 108K area. If momentum continues, 120K could be strong target, and if broken 135K is next by end of July. BUT... Predictions is only in our minds, we need to look at Daily, Weekly and Monthly open and closes to determine bullishness or either momentum to the Upside, Distribution or Downside. The fact that Bitcoin is making new ATH and the media is silent is a good thing.. But right now is trying to break the long top trendline that goes from 2017 top. To me distribution and consolidation before the last leg makes sense. but nothing really does, markets can remain unpredictable and crazy more than you stay solvent. So if you are trading the move, use stop loss depending on your time horizon and timeframe.. AND DONT TRY TO PREDICT TOPS unless you are going for quick scalps or you might burn your money away.