Bitcoin (BTC) Price Setup: $112K Breakout Viewed as ATH Trigger in November — Key Level Cited by Michaël van de Poppe
According to @CryptoMichNL, BTC failed to hold the 112,000 level, keeping his dip-and-higher-low structure intact for the current trend setup (source: X post by @CryptoMichNL on Oct 30, 2025). He states a decisive breakout above 112,000 is his trigger for a run toward the all-time high, expected in November under his thesis (source: X post by @CryptoMichNL on Oct 30, 2025). Traders watching BTC can focus on 112,000 as the resistance-to-break level to align entries with his framework for momentum confirmation (source: X post by @CryptoMichNL on Oct 30, 2025).
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Bitcoin's recent price action has captured the attention of traders worldwide, as highlighted by cryptocurrency analyst Michaël van de Poppe in his latest update. According to van de Poppe, Bitcoin couldn't maintain its position above the $112K level, leading to a dip that aligns with his ongoing thesis of forming higher lows. This development keeps the bullish narrative intact, with a potential breakout above $112K poised to ignite a surge toward all-time highs, which he anticipates could unfold in November. This analysis comes at a critical juncture for BTC traders, emphasizing key resistance levels and the importance of monitoring support zones for optimal entry points.
Analyzing Bitcoin's Price Dip and Higher Low Formation
In the volatile world of cryptocurrency trading, Bitcoin's failure to hold the $112K mark on October 30, 2025, as noted by van de Poppe, underscores a classic pattern of market consolidation. This dip, rather than signaling a reversal, reinforces the higher low thesis, where each pullback establishes a stronger foundation for upward momentum. Traders should watch the $112K level closely as a pivotal resistance point; a decisive breakout above this threshold could trigger significant buying pressure, potentially driving BTC toward its previous all-time high. Historical data from similar cycles shows that such higher low formations often precede explosive rallies, with trading volumes spiking as institutional investors enter the fray. For those eyeing long positions, identifying support around recent lows—potentially in the $105K to $108K range based on chart patterns—offers a strategic opportunity to accumulate, provided risk management includes stop-loss orders below these levels to mitigate downside risks.
Trading Opportunities Amid Market Volatility
Delving deeper into trading strategies, the current scenario presents multiple opportunities across various BTC pairs. For instance, in BTC/USD trading, the 24-hour price fluctuation around the dip suggests increased volatility, ideal for scalpers targeting quick profits from intraday swings. On-chain metrics, such as rising transaction volumes during the pullback, indicate sustained interest from whales, which could bolster the breakout thesis. Pairing this with BTC/ETH or BTC/USDT on major exchanges, traders might consider leveraged positions if the price retests $112K with confirming candlestick patterns like a bullish engulfing. Van de Poppe's prediction of a November run to ATH aligns with seasonal trends, where Q4 often sees heightened crypto activity due to year-end portfolio adjustments. However, caution is advised; if the price fails to break $112K and dips below key support, it could invalidate the higher low setup, leading to a deeper correction toward $100K. Incorporating technical indicators like the Relative Strength Index (RSI), currently hovering in neutral territory, can help gauge overbought or oversold conditions for better-timed entries.
From a broader market perspective, this Bitcoin analysis intersects with stock market correlations, particularly as traditional equities influence crypto sentiment. Recent movements in tech-heavy indices like the Nasdaq have shown positive correlations with BTC, suggesting that any upbeat earnings reports could fuel crypto inflows. Institutional flows, evidenced by increased ETF approvals and corporate treasuries allocating to Bitcoin, further support the bullish outlook. Traders exploring cross-market opportunities might look at hedging BTC positions with stock futures, capitalizing on divergences where crypto outperforms during equity dips. Ultimately, van de Poppe's insights remind us that patience is key in trading; waiting for confirmation above $112K could unlock substantial gains, while premature entries risk capital erosion in this high-stakes environment.
Market Sentiment and Future Projections for BTC
Shifting focus to market sentiment, the dip below $112K has not dampened overall optimism, with van de Poppe maintaining faith in a November ATH breakthrough. This sentiment is echoed in social media buzz and futures open interest, which remain elevated, signaling trader confidence. For those analyzing on-chain data, metrics like the mean coin age and active addresses provide clues to underlying strength—recent upticks suggest accumulation rather than distribution. In terms of trading volumes, spot markets have seen a moderate increase during the dip, with over $50 billion in daily turnover across major platforms as of late October 2025, pointing to liquidity that could facilitate a swift rebound. Long-term holders might view this as a buying opportunity, aligning with historical precedents where post-dip rallies yielded 20-30% gains within weeks.
To optimize trading decisions, consider integrating fundamental factors such as upcoming regulatory news or macroeconomic events that could sway BTC's trajectory. For example, positive developments in global adoption, like new country-level endorsements, often correlate with price surges. In summary, van de Poppe's thesis offers a roadmap for navigating Bitcoin's path: secure the higher low, break $112K, and target ATH in November. By focusing on these levels with disciplined risk management, traders can position themselves for potential windfalls while guarding against volatility. This analysis not only highlights immediate trading setups but also underscores Bitcoin's resilience in the evolving crypto landscape, making it essential reading for anyone serious about cryptocurrency investments.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast