#BTC Price Action and General Trend


* According to the chart, Bitcoin price has been in a clear uptrend for the past few days. Especially since June 21, a strong recovery has been seen.
* The current price is at 107,602.2 USDT, showing an increase of 1.28%.
* The "24h High" (the highest in the last 24 hours) is 108,276.7 and the "24h Low" (the lowest in the last 24 hours) is 106,431.7. This shows that the current price is close to the 24-hour peak.

Support and Resistance Levels:
* Support: The level 98,200.0 stands out as a clear bottom on the chart. This level has worked as a strong support.
* Resistance: Above the current price, the level 108,276.7 forms a resistance point as the 24-hour peak. Looking at past price action, there is some resistance around 108,276.7.
Average Price:

* The "Avg. Price" (Average Price) is shown as 107,728.2 at the top left of the chart. The current price is just below this average price, but very close.
Moving Averages (MA):

* There are three different moving averages on the chart:
* MA5 (Yellow Line): 107,518.1
* MA10 (Green Line): 106,936.2
* MA30 (Red Line): 104,069.7
* The price is moving above all these moving averages. Especially the short-term moving averages (MA5 and MA10) being above the long-term moving average (MA30) shows that the uptrend is continuing and is a positive signal. It is important for the price to stay above MA5 and MA10 for the continuation of the uptrend.
Volume:

* Volume bars show that price increases are usually supported by increasing volume, confirming the strength of the uptrend. There are significant increases in volume, especially in recent uptrends.

* "24h Vol (BTC)" is 6.37K and "24h Turnover (USDT)" is 684.03M.

MACD (Moving Average Convergence Divergence):

* MACD (12,26,9) values: MACD: 298.4, DIF: 1,178.4, DEA: 879.8.

* The MACD line (blue) is moving above the signal line (orange) and is in the positive zone. This is generally interpreted as a buy signal and indicates that bullish momentum continues. A higher DIF than DEA also indicates that positive momentum continues.

* The MACD histogram (green bars) is positive and increasing, supporting the continued buying pressure.
General Assessment and Possible Scenarios:

* Strong Uptrend: The BTC/USDT chart is generally showing a strong uptrend. The price is trading above major moving averages and is supported by volume. The MACD indicator also confirms the bullish momentum.

* Short-Term Consolidation/Correction Possibility: After being close to the current peak and the rapid rise, a short-term consolidation or a small pullback may occur. However, the general trend still seems to be upward.

* Target Levels: If the rise continues, the next potential resistance levels could be psychologically important round numbers or previous peaks. Permanent closes above 108,276.7 could lead to new highs.

* Risks: Developments in global markets, regulatory news or sudden selling pressure are factors that could change this bullish trend.

In summary, the current chart data draws a positive picture for Bitcoin and shows that the bullish momentum is likely to continue. However, it is always important to follow market conditions and news flow.
BTC-0.19%
CLEAR41.93%
H0.62%
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CryptoInfosvip
· 2025-06-26 08:54
Thank you for the info 💙
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Serctinavip
· 2025-06-26 06:34
Thanks for the updated details and data.✌️
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Feditavip
· 2025-06-26 06:28
That's a pretty optimistic and detailed view, I hope so.
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ElizabethAldivip
· 2025-06-26 06:19
It was an understandable explanation. Thank you.
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Kosmossvip
· 2025-06-26 06:14
The analysis was spot on, thank you!
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Herman_ziegelvip
· 2025-06-26 06:10
Buy To Earn 💎
Reply0
Old_manvip
· 2025-06-26 06:08
Bull Run 🐂
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Miya_xanakavip
· 2025-06-26 06:05
Ape In 🚀
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Sel_98_swvip
· 2025-06-26 06:03
2025 GOGOGO 👊
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Cansen_iovip
· 2025-06-26 06:01
Thanks for the your greating sharing 💯
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