According to Michaël van de Poppe (@CryptoMichNL), Bitcoin (BTC) has recently absorbed significant liquidity and rebounded upward. The critical trading signal to watch is a sustained breakout above the $106,000 resistance level, which would indicate the potential start of the next major bull market phase. Traders are closely monitoring this level for confirmation of bullish momentum, as a successful hold could trigger further institutional inflows and increased trading volumes. Source: Michaël van de Poppe on Twitter, June 18, 2025.