#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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#BTC# #行情震荡,做空还是做多?# The price of Bitcoin is generally on the rise, continuing to operate above the Moving Average, with long positions clearly dominating. The Moving Average Convergence / Divergence indicator shows strong performance, and upward momentum remains robust. At the same time, although the volume is limited, it is unable to sustain further rises, indicating that the upward driving force is somewhat insufficient.
In the short term, based on the analysis of the EMA indicators and MACD conditions, the market may continue to maintain upward momentum, driving prices up. However, the RSI is approaching the overbought zone, indicating that short-term pullback pressure may increase. In terms of patterns, the doji and top patterns suggest potential volatility or reversal, and caution is needed to guard against the potential downside risk of the bear market three soldiers.
Candlestick patterns: Bullish engulfing and doji patterns indicate potential reversals, while top and bottom patterns suggest short-term volatility, and black three soldiers may indicate a decline.
Volume: The peak trading volume has not been sustained. The current price is rising, but the volume is insufficient, indicating limited upward momentum.
MACD: The DIF line and DEA line have crossed above the zero axis, indicating that long positions are strengthening and the market is in a short-term rise trend. EMA: The short-term MA is above the long-term MA, and the price continues to rise under the support of the EMA line.
RSI: The RSI is approaching the overbought zone, which may trigger a short-term pullback, although the market is in a strong phase.