According to Michaël van de Poppe (@CryptoMichNL), Bitcoin (BTC) has recently absorbed significant liquidity and rebounded upward. The critical trading signal to watch is a sustained breakout above the $106,000 resistance level, which would indicate the potential start of the next major bull market phase. Traders are closely monitoring this level for confirmation of bullish momentum, as a successful hold could trigger further institutional inflows and increased trading volumes. Source: Michaël van de Poppe on Twitter, June 18, 2025.

According to Crypto Rover on Twitter, the CryptoQuant indicator is once again signaling a potential bull market, suggesting renewed upward momentum for Bitcoin and other major cryptocurrencies. Historical data from CryptoQuant has shown that when this indicator activates, it often precedes significant price rallies across the crypto market (source: Crypto Rover via Twitter, May 17, 2025). Traders are closely monitoring this signal as a potential buy opportunity, especially given its past accuracy in forecasting bullish trends. This development could increase trading volumes and attract both retail and institutional investors, impacting Bitcoin, Ethereum, and leading altcoins.