🚨 BTC IS FORMING THE FINAL DESCENDING CHANNEL Price has been respecting these two trendlines for months now From 58k to 65k, back to 57k, and once again up to 65k In my opinion that last push to $65k was the final one What comes next is a downtrend with small bounces along the way But one way or another, this is a DESCENDING channel, and accordingly, it will lead us downward My current target: $55k After that I expect a bounce - followed by one more leg down, bigger than the last Still watching this structure closely Will keep you posted NOTIFS ON! $BTC ‌

😱🤔💫 What do Tesla and $BTC have in common? At first glance, not much. One builds EVs. The other is the world's largest cryptocurrency. But on July 22, Tesla's Q2 earnings report will once again put $BTC in the spotlight. Why? Because investors will be watching one line in the report - does Tesla still hold its 11,509 BTC treasury? There is no evidence that Tesla bought or sold Bitcoin during Q2. This isn't about a new purchase. It's about whether the company confirms it has continued to hold its Bitcoin position. And that matters. Unlike Strategy or other Bitcoin treasury companies, Tesla isn't a crypto-native business. Bitcoin it's simply part of the company's balance sheet. #SummerCreationCamp $BTC ‌$TSLA ‌

$BTC On the daily chart, it still seems to be gradually rising. During the up moves, there is also volume support, so the 58,000 level is likely very hard to reach—it’s a strong support zone. Recently, there’s a chance to test 67,000. On the 4-hour chart here, the pullback level is getting higher and higher, and the pullback weakness is increasing. Everyone should still look for spots to go long. Watch whether the 1-hour pullback at 64,800 can hold and stop; if it does hold, then everyone can enter longs.