According to @CryptoMichNL, Bitcoin (BTC) remains in a lower-timeframe downtrend that he views as creating opportunity, and he says a sweep of the prior low near $112,000 would be a strong trigger for long entries (source: @CryptoMichNL on X, Aug 20, 2025). He characterizes the setup as waiting for a liquidity sweep below that low before positioning long, highlighting the $112,000 level as the key focus for traders (source: @CryptoMichNL on X, Aug 20, 2025).