Accumulate

Bitcoin

Spot

Time

<p>According to crypto expert Crypto Rover, Bitcoin’s price surge is only just beginning thanks to major bullish factors like the upcoming Bitcoin spot ETF.</p>
<p>In a recent <a href="https://www.youtube.com/watch?v=c5PaaAsbLXY" target="_blank" rel="noopener noreferrer nofollow">video</a>, Rover explained his optimistic outlook on Bitcoin’s future growth. He pointed to the fact that <em>“more than 84% of the total supply of Bitcoin has not moved in over six months now”</em>, indicating strong hodling sentiment among long-term investors.</p>
<p>Rover also discussed the importance of Bitcoin holding above the $34,000 level. If it can maintain this support, it will be in a good position for future gains. However, he warned that <em>“if Bitcoin will ever have a potential retest of 31.5k, I will be the one that actually is going to be opening up a massive long position over there.”</em></p>
<h3 class="wp-block-heading" id="spot-etf-to-accelerate-adoption">Spot ETF to Accelerate Adoption</h3>
<p>One of the main catalysts Rover sees pushing Bitcoin’s price higher is the upcoming Bitcoin spot ETF, which he notes is <em>“literally coming within the coming 75 days.”</em> Rover believes this will expose substantially more investors to Bitcoin and drive up demand.</p>
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<h3 class="wp-block-heading" id="time-to-accumulate-btc-over-altcoins">Time to Accumulate BTC Over Altcoins</h3>
<p>Given Bitcoin’s bullish setup, Rover advised viewers against putting fresh capital into altcoins for the time being. <em>“I think there’s going to be a better opportunity anytime soon to step into altcoins again here,”</em> he remarked. For now, BTC appears to be the best bet as both a store of value and potential short-term play.</p>
<p>With top traders like Crypto Rover anticipating new all-time highs, Bitcoin’s next leg up could turn into a prolonged bull run. As adoption accelerates, investors would be wise to take a “hodl” mentality like the whales. Rover’s analysis suggests that patience will be rewarded for those accumulating BTC at current prices.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/top-btc-expert-explains-why-this-bitcoin-pump-is-just-getting-started/">Top BTC Expert Explains Why This Bitcoin Pump Is Just Getting Started</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Top BTC Expert Explains Why This Bitcoin Pump Is Just Getting Started

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