According to @CryptoMichNL, BTC is consolidating and the crucial resistance remains $117.5K, which is the level to watch for market direction (source: @CryptoMichNL, X, Sep 16, 2025). According to @CryptoMichNL, a decisive break above $117.5K would place price action in favorable territory for a potential new all-time high, giving traders a clear breakout trigger to monitor (source: @CryptoMichNL, X, Sep 16, 2025).