Will BTC exit this consolidation to the upside?

Generally I am optimistic about things.

About life, and about investing.

Therefore I tend to slant towards the positive all things being equal, and that mostly has to do with the increase in money supply.

Everything priced in dollars is going to have helium behind it, pushing it higher.

That being said, the short term, anything can happen.

This chart, however, has me thinking bitcoin is about to make a move up, finally:

(Source: https://twitter.com/CryptoTrackerz/status/1414986446981668868/photo/1)

Looks like a move back to the upper end of the range could be in store at the very least.

That would push us to about $40k or so, and if we can break that, we would be looking at a move up to about $48k or so.

I'm not calling for that immediately, but if this is indeed a bottoming process, which I think it is, we should see those numbers by the end of next month.

What do you see?