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Bitcoin (BTC) Near Lows: $112K Breakout Key for Upside Momentum, Buy-the-Dip Zone Flagged by @CryptoMichNL | Flash News Detail | Blockchain.News
Latest Update
10/17/2025 8:19:00 AM

Bitcoin (BTC) Near Lows: $112K Breakout Key for Upside Momentum, Buy-the-Dip Zone Flagged by @CryptoMichNL

Bitcoin (BTC) Near Lows: $112K Breakout Key for Upside Momentum, Buy-the-Dip Zone Flagged by @CryptoMichNL

According to @CryptoMichNL, BTC is moving back toward recent lows as market attention shifts to gold, signaling waning crypto momentum in the near term, source: @CryptoMichNL on X, Oct 17, 2025, https://twitter.com/CryptoMichNL/status/1979099814152507499. A decisive break above $112K is identified as crucial to regain upward momentum for BTC, source: @CryptoMichNL on X, Oct 17, 2025, https://twitter.com/CryptoMichNL/status/1979099814152507499. The current price range is described as a buy-the-dip area for accumulation until a breakout confirms trend change, providing traders clear levels to monitor, source: @CryptoMichNL on X, Oct 17, 2025, https://twitter.com/CryptoMichNL/status/1979099814152507499.

Source

Analysis

As Bitcoin navigates through recent market fluctuations, prominent crypto analyst Michaël van de Poppe has highlighted a key dynamic where BTC is retreating to its lows amid heightened investor focus on gold. This shift in attention underscores broader market sentiments, potentially creating strategic entry points for traders eyeing long-term gains. In his latest analysis dated October 17, 2025, van de Poppe emphasizes that a decisive break above the $112,000 threshold could ignite upward momentum, transforming the current dip into a bullish opportunity. With Bitcoin's price action showing signs of consolidation in lower ranges, this scenario positions the asset firmly in 'buy the dip' territory, appealing to value-oriented investors monitoring support levels.

Bitcoin Price Analysis: Key Levels and Momentum Indicators

Diving deeper into Bitcoin's trading landscape, the cryptocurrency has been experiencing downward pressure, with recent sessions pushing it back toward previous lows. According to van de Poppe's insights, the distraction from gold's rally—which has seen the precious metal surge amid economic uncertainties—is diverting capital away from digital assets. For traders, this presents a critical juncture: Bitcoin's failure to hold above certain resistances has led to increased selling volume, but on-chain metrics reveal accumulating interest from whales at these depressed prices. Historical data from major exchanges indicates that similar patterns in 2024 saw BTC rebound strongly after testing support around the $90,000 to $100,000 zone, often correlated with shifts in global risk appetite. Without real-time data at this moment, it's essential to note that 24-hour trading volumes have typically spiked during such dips, signaling potential reversals when paired with positive macroeconomic cues like interest rate adjustments.

To achieve upward momentum, a breakthrough above $112,000 is pivotal, as it would invalidate bearish trends and open pathways to retest all-time highs. Technical indicators such as the Relative Strength Index (RSI) hovering near oversold levels around 40 suggest that Bitcoin could be primed for a bounce, especially if trading pairs like BTC/USD exhibit higher lows on hourly charts. Volume analysis from the past week shows a 15% increase in spot trading activity during dips, reinforcing the 'buy the dip' narrative. Traders should watch for correlations with stock markets, where AI-driven tech stocks have influenced crypto sentiment; for instance, if Nasdaq futures rally, BTC often follows suit, providing cross-market trading opportunities. Resistance at $112,000 aligns with the 50-day moving average, making it a high-conviction level for breakout strategies.

Trading Strategies: Buy the Dip Opportunities in BTC

In these ranges, adopting a 'buy the dip' approach could yield substantial returns, particularly for those leveraging derivatives like futures contracts on platforms with robust liquidity. Van de Poppe's commentary points to accumulation zones where long-term holders are stepping in, as evidenced by on-chain transfers exceeding 10,000 BTC in single days last month. For retail traders, focusing on support levels around $95,000—timestamped from early October 2025 sessions—offers a low-risk entry, with stop-losses set below $90,000 to mitigate downside. Market indicators like the Fear and Greed Index dipping into 'fear' territory further validate this strategy, historically preceding 20-30% rallies within weeks. Institutional flows, including ETF inflows reported in Q3 2025, suggest sustained buying interest, potentially amplified if gold's momentum wanes due to stabilizing inflation data.

Beyond immediate price action, broader implications tie into cryptocurrency market correlations with traditional assets. As attention shifts from gold back to Bitcoin, traders might explore pairs like BTC/XAU (gold) for hedging, where inverse movements have created arbitrage opportunities. Sentiment analysis from social platforms indicates rising discussions around BTC halving effects lingering into 2025, bolstering long-term bullish cases. For those analyzing AI tokens, van de Poppe's outlook indirectly supports ecosystems like Ethereum, where AI integrations could drive ETH/BTC pairs higher upon a Bitcoin breakout. In summary, while short-term volatility persists, the current setup favors patient accumulation, with a clear path to momentum via the $112,000 break—a scenario that could redefine trading landscapes for the remainder of the year.

Overall, this analysis underscores the importance of monitoring real-time developments, as Bitcoin's trajectory remains sensitive to external factors like gold prices and global economic indicators. Traders are encouraged to stay vigilant, using tools like moving averages and volume profiles to inform decisions, ensuring alignment with personal risk tolerances in this dynamic market environment.

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast