According to @CryptoMichNL, BTC is testing a crucial $112,000 resistance that aligns with the 20-day moving average and a horizontal resistance zone, marking the key breakout level for momentum confirmation based on his X post on Oct 24, 2025. According to @CryptoMichNL, a decisive break above $112,000 would likely open the path to a new all-time high in November, as stated in his Oct 24, 2025 commentary on X.