July 4 (Cointime) - According to economist and crypto analyst Alex Krüger, Bitcoin could experience strong rallies in the near future. Krüger highlights the significance of the BlackRock spot BTC exchange-traded fund (ETF) application and notes that Bitcoin has a liquidity air pocket between $31,000 and $37,000.

If BTC convincingly enters that range, Krüger believes a dramatic rally could occur. Krüger also predicts that Bitcoin will start moving more in sync with other assets like equities, despite experiencing temporary decorrelation due to regulatory pressure.