The simplest way to raise the Bitcoin, is that those who bought at $ 20K sell now, because there were many enthusiasts who did not want to sell Strong Hands, and Strong Hands are those that move the market, and even they do not accumulate 70-80% of Bitcoins, will not raise the price, for that same reason is that at this time of the market there is great volatility, may the bitcoin rise and rise but may fall even more than the $ 3K if there is presence of offer in those levels.
Many speculators and Investors expect to buy bitcoin in the lowest possible amounts, they never buy expensive, so they prefer to wait as long as necessary to wait for them to sell the bitcoins, for the rest we will be in the accumulation stage for much longer, It is necessary to emphasize that the previous acuemulation stage lasted 3 years.
We can realize that the bitcoin is ready to rise to new levels when the millionaire wallets are at 70% of accumulated bitcoins, the rest I believe that by simple economic theory the Bullish trend movement will not occur.