Technical analysis by MyTradingJournal6th about Symbol BTC on 12/6/2025

Bitcoin is trading just under the 90K mark on BTCUSDT perpetuals, consolidating after a leverage flush that cleared out a large chunk of crowded long positions. The price action on the 1‑hour chart is now showing tighter candles and reduced volatility, reflecting a pause as traders reassess direction following the recent liquidation spike