We've been making higher highs and higher lows as price slowly but surely builds up a foundational structure to support a powerful breakout above what is admittedly pretty hefty resistance.
If you are a dip buyer, this is your heaven. As the market has drifted endlessly over the past few months, the time may soon come for a pump of quite epic proportions.
Macro-level catalyst: the halving event will occur on July 16, 2016: the global supply production will be cut in half.
Disclosure of positions:
I am long (whaleclub.co)