Top news for today (July 21) 😀 

1️⃣ Bitcoins sold by the German government increased their value by almost $500 million

2️⃣ Treasury issues 250 million new USDC on the Solana network.

My thoughts on BTC: Locally, the chart has weakened, formed head and shoulders (H&S) and several bearish flags.

Previously, a bearish divergence was observed, but at the moment it has been completely closed.

I assume that in this corrective movement the chart will reach the nearest key levels - $61,400 and $58,800.

Analyzing the BTC chart with indicators like H&S, bearish flags, and key levels is crucial for traders to make informed decisions. Understanding price movements and potential correction levels can help in setting up effective trading strategies. It's important to stay updated on news and technical analysis to navigate the market effectively. 