According to @52kskew on X (Oct 16, 2025), BTC has seen constant TWAP selling since pre-market and the cash open, signaling persistent sell programs pressuring price action (source: @52kskew). According to @52kskew, a lot of shorts have opened into weakness below $110K, indicating aggressive positioning against any bounce (source: @52kskew). According to @52kskew, $110K is the line in the sand: reclaiming $110K would be bullish, while remaining below with ongoing sell pressure would be bearish and maintains downside risk for intraday traders (source: @52kskew).

According to @rovercrc, Bitcoin (BTC) has reclaimed $112,000, indicating BTC/USD was trading above this level at the time of the post (source: @rovercrc). The source does not include a chart, exchange, or timeframe, so this should be treated as a headline price print rather than a confirmed multi-exchange close (source: @rovercrc). No additional context on catalysts, altcoins, or ETFs is provided in the source (source: @rovercrc).