#BTC/USDT D1 - Technical and Institutional Analysis | 09/06/2025

We are forming a beautiful channel with a probability of breakout to the upside in Bitcoin. I believe it is the time to see a capture of short positions and their liquidations at US$ 110.000, followed by a movement to break the ATH and seek approximately the region of US$ 120.000.

Big players and insiders who opened short positions were liquidated in these regions, and this was made public on X, while the increasing number of ETFs and the true sharks are manipulating the market, regardless of whether other players believe in the opposite movement.

We had a drop in #BTC during the fight between Elon Musk and Donald Trump (due to political interests), just a forced narrative to capture liquidity.. After all, a decentralized currency does not depend on governments or political figures who won't even be here when its last unit is mined.

Complete analysis on @TradingView -