Market Analysis: Overview and Forecasts* 💎 📈 WHAT HAPPENED? At the beginning of last week, Bitcoin attempted to consolidate below the $58,000 level, but the move was unsuccessful. While testing this zone, the cluster chart showed absorption of selling pressure, after which buyers took the initiative. As the price moved higher, a large number of volume anomalies formed. The price consolidated above them and moved through the $62,300–$63,000 resistance area, a high-volume zone, with almost no reaction. However, it is still too early to talk about a full continuation of the uptrend. 💼 WHAT WILL HAPPEN: OR NOT? Volumes have now dropped noticeably, and the upward impulse has started to slow down. The main scenario is a local correction. The first downside target is the $62,000 level, where the latest cluster anomaly is located. The key target remains the $61,000–$58,400 zone, where the highest trading volume is concentrated. If the price reaches this area and we see a strong buyer reaction, we will consider a continuation of the upward move toward the next resistance zone. If there is no support, the scenario of a full breakout below the $58,000 level will become the main one. 📰 IMPORTANT DATES • July 6, Monday, 13:45 (UTC) — publication of the U.S. Services PMI for June; • July 6, Monday, 14:00 (UTC) — publication of the U.S. ISM Non-Manufacturing PMI for June; • July 8, Wednesday, 18:00 (UTC) — publication of the U.S. FOMC minutes; • July 9, Thursday, 12:30 (UTC) — publication of the number of initial jobless claims in the U.S.; • July 9, Thursday, 14:00 (UTC) — publication of U.S. existing home sales data for June. *This publication is not financial advice. Make decisions based on your own experience.