June 21, 2025 – Bitcoin might be gearing up for a massive breakout—and it’s not just about technical patterns or ETF news this time. A sharp shift in demand momentum and rising Global Liquidity Index (GLI) has caught the eye of veteran analyst Crypto Rover.
Let’s break down what the latest signals are telling us.
According to a chart shared by Crypto Rover, Bitcoin’s demand momentum has plunged deep into negative territory. In simple words, short-term sellers are pulling back, while long-term holders are stepping in.
Historically, this kind of shift tends to happen near market bottoms, often just before big price rallies.
At the same time, Bitcoin’s trading volume jumped 20% in the past 24 hours, reaching $47 billion. The spike in volume reflects a mix of panic selling and opportunistic buying, a classic sign of bear capitulation.
Adding to the bullish signs, major players are placing bold bets. One whale, in particular, is holding a massive 20x long position on Bitcoin, valued at over $364.35 million, reflecting a growing confidence in BTC.
Interestingly, Rover also compared recent Bitcoin’s price to global liquidity trends. Historically, when global liquidity rises, Bitcoin tends to follow suit, sometimes with explosive results.
Notably, the current Global Liquidity Index (GLI) level mirrors the period when Bitcoin was trading around $100,000, implying that if the pattern holds, Bitcoin could soon revisit or even surpass this price point.
Volume Trends: Sustained high trading volumes could confirm that the capitulation phase is ending, signaling that selling pressure is subsiding.
Support Levels: The $103,400 level remains a critical support zone. Holding above this threshold is essential for a bullish reversal.
Technical Indicators: Watch for bullish crossovers in the MACD and RSI moving out of oversold territory, currently at 45.
As of now, Bitcoin is trading around $103.693, reflecting a drop of 2.2% seen in the last 24 hours, with a market cap hitting $2.06 trillion.
As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.
With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030.
As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98
By 2050, a single BTC price could go as high as $377,949,106.84
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