#BTC#

* Current Price: BTCUSDT is currently trading at $106,090.7.

* 24-Hour Change: Shown in green with a 1.13% increase over the last 24 hours, indicating an upward trend.

* 24-Hour High/Low: The price has fluctuated between $106,792.5 (High) and $104,820.0 (Low) over the last 24 hours.

* 24-Hour Volume (BTC): 5.40M BTC.

* 24-Hour Volume (USDT): 570.06M USDT.

Chart Analysis (4-Hour Timeframe):

* Recent Movements:

* On the left side of the chart, we see that the price has been trending slightly downward from June 18th to June 20th, with occasional upward reactions (green candles).
* There was a significant decline from June 20 to June 22, with the price falling to $98,200.0. This is clearly seen with the large red candles indicating intense selling pressure.

* However, a strong recovery began from June 22. The price rose rapidly with a series of large green candles, and by June 24, it was back above $106,000. This indicates a return of strong buying interest.

* Moving Averages (MA):

* There are 3 different moving averages on the chart (MA5, MA10, MA30).

* Currently, the short-term moving averages (MA5: $105,862.1 and MA10: $105,287.4) seem to be trading above the long-term moving average (MA30: $103,352.8). This usually indicates that the short-term bullish trend is continuing.
* Especially after the low point on June 22, we see that the price has risen above all moving averages and these averages are also trending upwards. This is a strong bullish signal.
* Volume:
* We see that volume increases when the price is falling (especially between June 20-22), which shows that the decline is strong.
* However, we also see that volume increases when the price is rising later (especially in the rise after June 22, the green volume bars are rising). This shows that the rise is also supported and reliable.
* MACD (Lower Indicator):
* When we look at the MACD (Moving Average Convergence Divergence) indicator (the lower right part is not fully visible, but the general trend is understandable), it can be estimated that after the low point on June 22, the MACD line (MACD: 482.5) cut the signal line (DEA: 248.5) upwards and the histogram turned green and grew. The DIF value (731.1) is positive and increasing. This is a strong bullish signal indicating that momentum is bullish and buying pressure is increasing.

Conclusion:
The Bitcoin chart is showing a strong recovery after the sharp decline on June 22. The price is continuing its rise by bouncing back from important support levels. Technical indicators such as moving averages and MACD also support this bullish trend. In the short term, bullish momentum is likely to continue.