#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
Morning Strategy for June 12
BTC is consolidating at a high level, and the chart shows weak signals, is it going to drop⁉️
The upper pressure position is near 110,000, and yesterday I posted that this trend, sticking to the previous high, is not broken, in a narrow range of 110,000, if it can't be broken, it is very likely to plummet
From a technical point of view, it can be seen as a double-top trend, and the highest point of this round of surge is fully consistent with the previous pressure level of 110600 on May 27
So in the case of no breakthrough, of course, it can be regarded as a double top, if you want to trade, the stop loss is relatively close, break through the double top a little bit, you can give a stop loss, the stop loss is very close, the profit margin is better, the profit and loss ratio is good, the most important thing to do trading is the profit and loss ratio, as long as it is suitable, you can shoot, and the rest depends on you 👌
$BTC