The head and shoulders formation, which could be observed shortly before the recent correct, confirmed the return to a bearisch trend (most likely only short-term). The realization of the scenario for this formation was further facilitated (and surely coincidentally ?) by the big armed act of Israeli forces in the Gaza Strip on July 24. Similar but more intense corrects had already occurred, for example, at the time of the Iranian missile attack on Israel. Watching the chart of BTC on the 4h interval, we again draw the aforementioned bearish formation. If the $68500 limit is not firmly and resolutely crossed, the formation will be topped with a second shoulder and a significant correction.

Tip: Stay calm and do not act rashly, for these last days of July. No less, ultimately be guided by your knowledge and experience, and treat the above post as a curiosity.

Below are some charts I drew more than 2 days ago and the first signs of confirmation of the correction.