99% May Miss Bitcoin’s Next Big Move: Crypto Analyst Warns

- Bitcoin consolidates near key resistance as traders await a potential breakout above range highs.
- Analyst warns of a possible short squeeze as most traders remain short amid funding rates.
- Liquidity expansion and rate cuts could fuel the rally, with institutional buying on the rise.
Bitcoin is consolidating within a narrow range as crypto analysts point to a potential breakout in the near term. YouTuber Crypto Rover warned that “99% will get trapped by Bitcoin here,” highlighting the current low volatility and growing anticipation among traders. On the hourly chart, Bitcoin remains below key resistance, with eyes on a breakout above range highs.
Amid this technical setup, broader macroeconomic and geopolitical developments are influencing market expectations. President Donald Trump stated that the U.S. is engaging in talks with China, while Arizona advanced a bill to create the first official state-level Bitcoin reserve. Meanwhile, the European Central Bank announced its seventh interest rate cut this year, further signaling a shift toward global liquidity expansion.
Crypto Rover emphasized that rate cuts in Europe and potentially in the U.S. could boost liquidity, which historically correlates with Bitcoin price surges. Trump also criticized the Fed’s current policy and urged for interest rate cuts to level the field against Europe.
At the institutional level, BlackRock has continued accumulating Bitcoin throughout the year, purchasing over 20,000 BTC, while other ETF issuers have sold. This accumulation trend aligns with a rising Bitcoin hash rate, which Rover pointed out tends to precede upward price momentum.
He compared Bitcoin’s current technical formation to gold’s historical chart, highlighting a similar cup-and-handle setup. He recalled that gold surged 72% after its pattern completed and suggested Bitcoin could follow a similar trajectory. According to Rover, the combination of increased global liquidity and technical setups creates a favorable outlook for Bitcoin.
On the Ethereum front, he noted that ETH remains near historically oversold levels, with Ethereum-to-Bitcoin valuation at a yearly support zone. He also pointed out that BlackRock holds over $2 billion in ETH, while Donald Trump reportedly owns more than $500 million worth of the asset.
Related: Gold Surges Past $3,300 as Bitcoin Drops, Schiff Sparks Debate
Rover highlighted that funding rates remain negative, with most traders shorting Bitcoin and altcoins. He believes a breakout could trigger a short squeeze, pushing prices upward. Furthermore, he disclosed his accumulation strategy using leverage via a grid-style trading system and encouraged viewers to consider low-risk entry zones for Bitcoin and Ethereum.
The post 99% May Miss Bitcoin’s Next Big Move: Crypto Analyst Warns appeared first on Cryptotale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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