#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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Judging from the intraday trend, Bitcoin continued to rebound after falling, and the price showed a stepwise upward trend. Although the current pace of the rebound is relatively flat, as market sentiment gradually recovers, the upward momentum after the pullback is expected to continue to accumulate, and a breakthrough through the short-term resistance level is just around the corner. At the technical level, although the short-term price has seen a slight pullback due to resistance, the bearish selling has weakened significantly, the market selling pressure continues to decline, and multiple forces are gradually dominating. Overall, Bitcoin has confirmed a rebound trend after a deep correction in the early stage, and although the pace of price recovery is slow, it is expected to accelerate upwards in the future, and it is only a matter of time before it breaks through the short-term key resistance. Based on the current market structure and trend characteristics, the morning operation is recommended to focus on dips and longs, focusing on the breakthrough of the 106000 integer mark, once the price is effectively stabilized, it will open a new round of upside.
Bitcoin can be positioned for long positions in the range of 104000 - 104500, targeting 106000.