According to @CryptoMichNL, Bitcoin faces an ultimate test at the 112,000 dollar resistance level, which he identifies as the key barrier for trend confirmation (source: @CryptoMichNL). According to @CryptoMichNL, a clean break above 112,000 dollars would signal the bull is back in full swing, implying renewed upside momentum for BTC price action (source: @CryptoMichNL). According to @CryptoMichNL, BTC has shown a good bounce upward into this area, highlighting the importance of watching the 112,000 dollar level for a breakout (source: @CryptoMichNL).