According to @CryptoMichNL, Bitcoin (BTC) has confirmed a bounce on price action (source: @CryptoMichNL on X, Nov 6, 2025). According to @CryptoMichNL, the next actionable level is the prior support at $106K that now needs to be broken to the upside (source: @CryptoMichNL on X, Nov 6, 2025). According to @CryptoMichNL, a decisive move above $106K would be the first trigger for improved market sentiment, making it a key breakout level for traders to monitor (source: @CryptoMichNL on X, Nov 6, 2025).

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.