The presenter analyzes Bitcoin (BTCUSDT) on August 21st, noting a recent low of $112.2K. After refreshing the longs and shorts data, the liquidation map is examined. He observes long positions accumulating as price has diminished longs and more shorts piled on the market. He makes the assumption that Bitcoin must clear out all these shorts, by going to 115.6k first before piling on more longs and pull back again. Presenter believes with these kinds of ranges in the chart whenever re-tracing up it will meet resistance in the upper echelons of the channel at about 123k. Presenter mentions with current bullish divergence signs from RSI and STOCH and being in the MACD green territory that the Bitcoin is getting ready for a bullish breakout and get into fantastic growth phase.