According to @CryptoMichNL, BTC failed to hold the $112,000 level and continues to decline, indicating near-term downside pressure; source: @CryptoMichNL on X, Aug 29, 2025. He adds that further weakness could reset ETH to a neutral stance and create a major market opportunity for accumulation; source: @CryptoMichNL on X, Aug 29, 2025.

According to @CryptoMichNL, Bitcoin (BTC) must hold above the $112K support or a broad and severe crypto market correction is likely. Source: @CryptoMichNL on X, Aug 28, 2025, https://twitter.com/CryptoMichNL/status/1961130913187635564. He adds this could be the final corrective leg before a period of sustained upside, making $112K the key trading level to watch. Source: @CryptoMichNL on X, Aug 28, 2025, https://twitter.com/CryptoMichNL/status/1961130913187635564.

According to Michaël van de Poppe, Bitcoin has broken back into its prior trading range, with $112,000 identified as the key level to hold for bullish continuation (source: Michaël van de Poppe on X, Aug 28, 2025). He states that if BTC holds above $112,000, the crypto market could see another strong upside move, signaling momentum continuation for traders to monitor (source: Michaël van de Poppe on X, Aug 28, 2025). Traders can focus on the daily close relative to $112,000 as the actionable trigger; sustained closes above favor long bias, while a drop back below would negate the bullish setup noted by the author (source: Michaël van de Poppe on X, Aug 28, 2025).

According to @52kskew, $112K is a critical price level for Bitcoin (BTC) as bid depth is increasing with new buy orders emerging below this mark, indicating strong market demand. The initial market reaction may be a bounce from this level, with the potential for the $112K area to be retested or swept in the following week. Traders should monitor order book dynamics and price action closely for potential short-term trading opportunities around this support zone. Source: @52kskew