Once again countries trying to stop bitcoin and creating FUD could be giving us a good chance to go long, trend still is UP and the fundamentals are stronger than ever: Institutions coming into the market and BTC withdrawals at an all time high.
Market may be over extended and may have a short term correction, I'm very bullish in the medium to long term but I do feel consolidation may come for a couple of weeks. But ultimately BTC will visit much higher prices.