Check it out ese, Crypto Rover just dropped a vid saying Bitcoin is trappin’ everybody right now.
Price slipped under 84K, daily chart flashing bearish divergence, and more than 450 million in longs got liquidated. Funding rates are falling and open interest is resetting, so a lot of vatos think the top is in.
Rover’s take is the opposite. He says that whole move is the trap. ETFs keep stacking, the 50-week moving average already broke out, and that usually means the long bear stretch is over. The weekly low is acting like resistance for now, but he is watching 83.8K, the 200-day moving average, and especially that 70K to 74K zone. If it tags those levels he wants to load longs heavy.
He calls the pullback normal after a 40 percent run in 35 days. Market just flipped from crowded longs to crowded shorts, so a squeeze could hit once the extra leverage is flushed. Rover is already in a long with his stop way down at 62K.
That’s the whole story he is pushing: this dip is shaking people out so the next leg can run.