Bitcoin is looking great and seeing as the short term supply has now reached an all time low, many just might not be looking to sell, which would be a foolish move, in my not so humble opinion:

Bitcoin Short-Term Supply Reaches All-Time Low

According to the latest Arcane Research weekly report, the BTC short-term supply is currently floating around all-time low values.

The “short-term supply” here refers to the supply of coins that were moved on the chain within the last three months.

When this indicator’s value moves up, it means there are a lot of short-term holders in the market right now who are looking to make a quick profit.

On the other hand, a decrease in the metric’s value suggests not many holders are interested in selling right now, and that they are waiting for longer gains.

Full article here: https://www.newsbtc.com/news/bitcoin/bitcoin-short-term-supply-alltime-low/