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 market trends and technical indicators is crucial for making informed decisions when trading cryptocurrencies like Bitcoin. Keeping an eye on key levels and patterns, such as head and shoulders formations, can help anticipate potential price movements. Stay updated with the latest news and market analysis to navigate the volatile crypto market effectively.