#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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ANALYSIS #BTC /USDT
Bitcoin is forming a large symmetrical triangle pattern on the 4H timeframe, narrowing within a global consolidation range. The price shows a downward trend in local highs, but finds strong support at the level of $98,261.
📊 Key levels:
Resistance: $106,187 — $110,715 — $111,826
Support: $98,261
Balance point: $103,488
🔍 Technical signals:
The price continues to move within a narrowing triangle, approaching the lower boundary.
The Ichimoku cloud is above the price, indicating a predominance of bearish sentiment, but reversal signals are forming.
The Parabolic SAR is above the current candles, confirming the bearish phase.
Bollinger is narrowing, which forebodes a surge in volatility.
📈 Forecast: If BTC tests the support of the triangle and forms a bounce, a test of resistance at $106K–$111K is likely, which will open up growth potential up to $118K. A breakthrough below $98,261 will activate a bearish scenario and lead to a deepening correction.
💡 Conclusion: Bitcoin is entering a phase of decisive compression. Watch for the price reaction at the lower boundary of the triangle — this is a key moment for determining the next impulse.