#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.
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Will history repeat itself?
#BTC#
At the end of the bear market in 2015, the price of the coin broke through the on-chain BTC purchase average price, reaching the top of the bull market after two years and 56 days.
At the end of the bear market in 2019 and the beginning of the bull market, the price of the coin broke through the on-chain BTC buying average price, and reached the top of the bull market two years and 8 days later.
At the end of the 23rd year of the bear market and the beginning of the bull market, the price of the coin broke through the on-chain BTC buying average, and it has been one year and 192 days since then.
The black line in the chart represents the price of BTC, and the orange line represents the overall average purchase price of on-chain BTC (excluding long-term dormant or lost BTC that has not been moved for over 7 years from the calculation).