Bitcoin analysts have identified $112,000 as a pivotal level for the cryptocurrency's price trajectory. CoinDesk Senior Analyst James van Straten likened bitcoin's current market structure to gold's performance in the early 2000s, predicting a gradual rise with periodic 10–20% pullbacks. Michelaël van de Poppe pinpointed $107,000 as a strategic buy zone, with $112,000 serving as a critical threshold to confirm market strength. The debate over bitcoin's value proposition continues, with gold advocate Peter Schiff criticizing Michael Saylor's bitcoin treasury strategy, suggesting gold provides superior liquidity for large holdings. Currently, bitcoin is consolidating around $109,500, facing resistance at $109,750 and support at $109,400.