#TradingPsychology

Short and Long-term Bitcoin (BTC) Price Analysis**

#### **1. Short-term Analysis (Days to Weeks Ahead)**

- **Key Levels**:

- **Strong Support**: ~60,000 - 62,000 USD (Main buying zone).

- **Nearby Resistance**: ~65,000 - 67,000 USD (Breaking this may open the way to 70,000+).

- **Currently Influencing Factors**:

- **US Inflation Concerns**: If US economic data shows strength, it may negatively affect Bitcoin due to fears of a tighter monetary policy.

- **Summer Market Volatility**: Typically, summer sees less volatility, but any surprising news (regulatory or security breaches) could cause sharp fluctuations.

- **Trading Volume**: Decreased volume might mean continued trading within a narrow range (60k-67k).

**Short-term Forecast**:

- **Bullish Scenario**: If Bitcoin breaks 67,000 USD, it may target 70,000 again.

- **Bearish Scenario**: If it breaks below 60,000, it may drop to 55,000 or lower (but considered a buying opportunity for many).