According to @CryptoMichNL, BTC has retested lower levels, found buying pressure, and produced a weak bounce, indicating near-term demand formation (source: @CryptoMichNL on X, Oct 29, 2025). He expects volatility to increase significantly as the FOMC event begins today and cautions inexperienced traders against using leverage during the session (source: @CryptoMichNL on X, Oct 29, 2025). He notes gold is stalling and views Bitcoin as a lagging indicator in that context, saying BTC remains undervalued versus other assets (source: @CryptoMichNL on X, Oct 29, 2025). He characterizes buying around $112K as essentially a steal, highlighting it as an attractive area for buyers (source: @CryptoMichNL on X, Oct 29, 2025).