According to Michaël van de Poppe, Bitcoin (BTC) is entering an optimal buying region, with significant support near $108,000. Van de Poppe identifies $114,700 and $116,800 as critical resistance levels that BTC must surpass for a sustained bullish trend. He anticipates that while a breakout may take time, potentially occurring in late August or early September, these technical levels are essential for traders to monitor closely for potential entry and exit points. Source: Michaël van de Poppe.