According to @CryptoMichNL, Bitcoin is consolidating in the 80,000 to 90,000 dollar range, which he views as unattractive for trading, source: @CryptoMichNL on X, Dec 2, 2025. He states a sweep of the lows would help confirm the correction is complete, while a decisive breakout north of 90,000 dollars is his key signal for upside potential, source: @CryptoMichNL on X, Dec 2, 2025. If price fails to sweep the low and buyers do not step in, he warns this would indicate risk of lower valuations, source: @CryptoMichNL on X, Dec 2, 2025.

According to @CryptoMichNL, today’s drop across Bitcoin (BTC) and altcoins is another final capitulation day, and he stated that new bull runs start with such capitulation events, making this move trading-relevant for timing reversals in the crypto market; source: @CryptoMichNL on X, Dec 1, 2025. He added that sweeping recent lows would be constructive, indicating focus on a low sweep before moving higher in BTC and altcoin markets, which traders can monitor as a potential exhaustion cue; source: @CryptoMichNL on X, Dec 1, 2025.