Bitcoin's recent breakthrough above the $112,000 resistance level has ignited fresh optimism among traders, signaling that the BTC bull market is poised for significant upside. According to cryptocurrency analyst Michaël van de Poppe, this pivotal zone was the key tipping point, and its breach confirms the ongoing strength in the market. As BTC continues to climb, investors are eyeing potential pullbacks ahead of the Federal Open Market Committee (FOMC) meeting, which could present prime buying opportunities. This analysis delves into the trading implications, support levels to watch, and why November could mark a new all-time high for Bitcoin.

Breaking Key Resistance: BTC's Path to New Heights

In a detailed market update, Michaël van de Poppe highlighted the $112,000 level as the crucial resistance for Bitcoin. Once surpassed on October 27, 2025, this move invalidated bearish scenarios and reinforced the bull market narrative. Traders monitoring Bitcoin price charts would have noted this zone as a multi-month barrier, often tested but rarely broken with conviction. The breakout came amid rising trading volumes, suggesting strong institutional interest and accumulation. For those engaging in BTC trading, this development opens doors to higher targets, potentially testing $120,000 or beyond in the short term. However, van de Poppe cautions that a regular pullback is likely just before the FOMC announcement, a common occurrence in volatile crypto markets where policy decisions can sway sentiment. Savvy traders should prepare for this by identifying lower timeframe support levels, such as the $105,000 to $108,000 range, which could act as a springboard for the next leg up. Incorporating on-chain metrics, like increased Bitcoin wallet activity and rising open interest in BTC futures, further supports this bullish outlook, indicating that dip buyers are ready to step in.

Navigating Pullbacks and Support Tests in BTC Trading

As the market anticipates the FOMC's impact on interest rates and economic policy, Bitcoin's price action may experience temporary downward pressure. Van de Poppe predicts that after the initial pullback, BTC will test support on lower timeframes, with levels around $100,000 to $105,000 potentially holding firm based on historical patterns. These zones have previously served as accumulation points during corrections, where trading volume spikes and RSI indicators show oversold conditions, presenting ideal entry points for long positions. For cryptocurrency trading strategies, this 'buy the dip' season aligns with seasonal trends in November, a month that has historically favored Bitcoin rallies. Traders should monitor key indicators like the 50-day moving average, currently around $95,000, as a deeper support if volatility intensifies. Cross-market correlations also play a role; for instance, positive movements in stock indices like the S&P 500 could bolster BTC's recovery, given the growing ties between traditional finance and crypto. Institutional flows, evidenced by recent ETF inflows exceeding $1 billion in a single week according to market reports, underscore the resilience of this bull run. By focusing on these elements, investors can capitalize on short-term dips while positioning for longer-term gains.

Targeting New All-Time Highs: November Outlook for Bitcoin

Looking ahead, van de Poppe forecasts that once supports hold, Bitcoin will surge toward a new all-time high in November 2025. This projection is grounded in the market's momentum post-breakout, with potential targets at $130,000 or higher, depending on macroeconomic factors. Trading pairs like BTC/USD and BTC/ETH should be watched closely, as ETH's performance often lags but catches up during BTC-led rallies, offering diversified opportunities. On-chain data reveals growing holder conviction, with long-term holders reducing sales, which typically precedes major price advances. For those analyzing Bitcoin market sentiment, tools like the Fear and Greed Index, hovering in 'greed' territory as of late October, signal continued upside potential. However, risks remain, including regulatory news or geopolitical events that could trigger sharper corrections. To optimize trading, consider dollar-cost averaging into dips or using options for hedging. This phase represents a classic bull market continuation, where patience during pullbacks rewards those who buy strategically. Overall, the narrative points to sustained growth, making now an exciting time for BTC enthusiasts and traders alike.

In summary, Bitcoin's breach of $112,000 resistance, as emphasized by Michaël van de Poppe, sets the stage for more gains, with pullbacks offering entry points before a November push to new highs. By integrating technical analysis, on-chain insights, and market correlations, traders can navigate this landscape effectively, focusing on support levels and volume trends for informed decisions.