BTC Analysis July 30

The descending trend line is suppressing the market, forming a bullish flag pattern. It's hard to say where this bullish flag can wash out; if it breaks the descending trend line + breaks the bullish flag channel + breaks 1119800, then it indicates the end of the adjustment.

Entry method: Go long near the lower edge of the channel; the key support levels are in the 116500, 115000 range.

The resistance levels above are: 120000-120800 range, 123000 (ultimate target) $BTC