According to Michaël van de Poppe, BTC was rejected at $112K, turning that zone into resistance while he highlights a crucial support level to monitor for potential bounce setups, source: Michaël van de Poppe, X, Nov 5, 2025. He adds that market volatility is high and likely to persist, making the identified support a pivotal decision area for short-term trades and risk management, source: Michaël van de Poppe, X, Nov 5, 2025. He frames the current strategy as watching reactions at the flagged support for bounces and treating $112K as resistance until it is reclaimed, source: Michaël van de Poppe, X, Nov 5, 2025.