Solely my opinion about the next #Bitcoin move within 4-6 weeks, read below:

The move is likely going to be so fast that many people will be taken off guard and end up chasing due to extreme FOMO of missing out on “the next move”. This is because most people trading $BTCUSD have very specific buy/sell systems in place & these systems will all likely trigger all at once, especially as most systems haven’t had a longer term buy trigger after 7 months of chop. 

On top of this, everyone and their mother sees the bull flag on the monthly chart. However since it is on the monthly chart, there is a lot of hesitation to front run the move due to the longer term timeframe and the fact we have had a lot of fake outs recently. However, as liquidity continues to increase due to the lowering of rates across the world and massive stimulus in China, the tidal wave of liquidity into crypto is likely going to overwhelm the continued decrease in supply as governments and large institutions stockpile Bitcoin. When this happens, prices increase exponentially due to the imbalance of supply/demand.
#Bitcoin #BTCUSD