#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
The Qingming Festival has ended, and updates will be normal in the future.
The following content is for personal reference only and does not constitute operational advice. Please be responsible for your own positions!
The band trend analysis at the daily level is as follows and is for reference only by holders.
【Full Star Five】
Bitcoin (BTC):
Daily trend: bullish 5
Hourly trend: Bullish 1
Hour adjustment: see adjustment 2
Bitcoin has been undergoing adjustments for nearly a week, with a slow decline and insufficient upward momentum. The overall trend has not changed and it is still in a short-term adjustment. It is recommended to continue to wait patiently for a strong positive line to appear in order to change market sentiment.
The pressure level is 70,300. When it is broken, it may strengthen in the short term and even become the starting point for an increase.
Ethereum (ETH):
The trend is basically linked to Bitcoin, and there is no sign of independent market conditions.
The pressure level is 3490. When it breaks through and when the adjustment ends, it may become an opportunity to start the rise.
Avax:
Observe the support at 50. After the adjustment, the price must be at least above 50 to confirm the upward trend.
NEAR:
The price fluctuates greatly, and a price above 7.05 will be a strong signal and may be an opportunity to start an upward trend, which deserves close attention.
Solana(SUN):
During the holiday, the 20-day moving average was broken. You can consider clearing the transaction order at the 110 position.
The pressure level is 189. Don’t think the adjustment is over before it breaks through.