According to Michaël van de Poppe (@CryptoMichNL), recent liquidations have brought Bitcoin (BTC) to levels suitable for spot purchases. He highlights $106,000 as the critical resistance; a move above this level could trigger a significant breakout to a new all-time high (ATH). Conversely, if Bitcoin fails to reclaim $106K, he recommends monitoring for buying opportunities below $100,000. These levels are crucial for traders assessing potential upside and downside risk in the current market environment. Source: Twitter/@CryptoMichNL.