BTC at Crossroads: $112K to Glory or Exit Liquidity Trap?

TL;DR Bitcoin holds critical $112K support; losing it risks a flush toward $106K–$102K ￰0￱ mark $115K as the next resistance if BTC defends support, with $103K as a deeper fallback. $12.45 billion in longs face liquidation if BTC drops 5% toward $106K price zone. $112K Becomes the Line to Watch Bitcoin (BTC) is trading near $112,900 after retreating from recent highs close to $124,000. Market watchers are treating $112,000 as the level that will set the next ￰1￱ The Trader pointed out that liquidity has already been cleared on both sides of the range, first near $124,000 and later just below $112,000. He called this an orderbook reset and explained: $BTC JUST CLEANED BOTH ￰2￱ ￰3￱ ￰4￱ all eyes on $112K: Breakout → new ￰5￱ → deep ￰6￱ line separates legends from exit ￰7￱ — Merlijn The Trader (@MerlijnTrader) September 23, 2025 In his view, holding above $112,000 could open the way back toward new records, while losing it risks a move down to $100,000–$102,000.

Resistance Above and Demand Zones Below Michaël van de Poppe marked the $111,900–$113,000 range as short-term ￰8￱ Bitcoin can hold there, he expects the price to push toward $114,700–$116,800, with $115,000 as the key resistance level. “If that’s the case, then $115K upwards would be the next clear resistance point,” he ￰9￱ the asset fail to maintain this area, he sees the next support at $106,000–$108,000. He called this the “max buy zone” and noted $103,000 as a deeper level where buyers have previously stepped ￰10￱ areas could become important if momentum shifts lower.) September 23, 2025 With the current price just 5% above this point, traders are closely watching whether BTC holds $112,000 or slips lower.

Here, $112,000 becomes the pivot. Higher-level demand induction can generate a bounce back to new highs; however, a breakdown risks another flush into low-level demand zones.