According to @CryptoMichNL, Bitcoin BTC is consolidating after a brief downside wick, with his thesis unchanged. source: @CryptoMichNL on X, Aug 12, 2025 He expects a lower retest before continuation higher, implying near-term dip risk followed by bullish momentum for BTC traders. source: @CryptoMichNL on X, Aug 12, 2025