#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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Entry strategy for the evening of June 6th, China time, the Gate fan communication room has already been created. Every day we share entry strategies for free. Brothers who often lose and get liquidated and do not know how to trade, follow me. Join the communication room. Never open the first position for more than 5% of your total capital. Otherwise, after increasing the leverage on the contract, you will not withstand a sharp rise or fall, always leave yourself the possibility of replenishing margin for averaging down and self-rescue. ( The following strategies are only recommendations and are time-sensitive )
BTC long position strategy for the evening of June 6, ( open depending on your risk tolerance )
Entry position: 101500-102000 (Total capital 2% contract leverage 100X-125X) (Margin replenishment 1000-1200 points supplement 1%-3%)
Exit point: 103000-104000 ( if there is profit, do not be greedy )
Protection level: 100500 ( open a position with a good stop-loss while sleeping )
( the drop below the support level looks at the strength of the bounce; if the bounce can return to the support level in one or two minutes, then this is margin replenishment and continue to hold. If after the drop the bounce cannot return. If the support level is not held, then close the position immediately. Unloading has a chain reaction. The drop could have been a false breakout, not a real one.
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BTC short position evening strategy June 6 ( open the position depending on your risk tolerance )
Entry position: 104350-104850 (Total funds 2% contract leverage 100X-125X) (Margin replenishment 1000-1200 points add 1%-3%)
Exit point: 103000-101500 (don't be greedy if there is profit)
Protective level: 105850 ( open a position with a good stop-loss while sleeping )
( break through the defensive position to see if you can hold firm in the defensive position, pulling up at this time may involve removing the stop-loss or pulling up the load, after breaking through, see the retracement, if the retracement is above the wave, it will almost certainly be a stable breakout, at this time you can close the position and leave )
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