We've already seen how this usually plays out...

BTC has been moving off of Exchanges for several weeks now.

The numbers have been picking up as of late though, check it out:

(Source: https://twitter.com/BinanceKiller/status/1421446719443701765/photo/1)

The last time this happened we saw a major move up in price.

It's basically a supply crunch on the Exchanges.

As supply moves off of Exchanges there is less and less sell pressure available to counter incoming demand.

The result is a large move up in the price of bitcoin.

The stage looks set for the big move to $100k over the next several months.