Matt Crosby: Bitcoin Is “Primed for a Big Move Higher”

Bitcoin's boring price action is a spring compressing for a breakout, says Matt Crosby. ETF flows, macro, and on-chain data point to a big move higher. Bitcoin’s price action might feel boring right now, but Matt Crosby says that’s exactly what makes it healthy. The Look Into Bitcoin Research Director compares this consolidation to a spring being compressed, building potential energy for a breakout. He explains why ETF flows, macro data, on-chain supply and demand, and derivatives all point to Bitcoin being primed for a big move higher.

Source: Bitcoin Magazine