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- #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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Correct a point of view:
I have been insisting that there will be a bull run before the Chinese New Year this year. BTC has been rising steadily from around 53,000 on the 9th to a high of 75,000 today. With the popularity of Trump's election, it hit a new high. If it doesn't stabilize above 75,000, I will switch from being bullish to oscillating or even considering short positions today.
The start of a bull run requires steady progress and the stimulation of market sentiment to cyclically drive upwards. In the past half month, it has broken through the oscillation range of the past half year, but the market has not given the expected strong reaction. Therefore, there are doubts about the continuation of the future market. In the next three months, I will no longer blindly go long, but start to turn to oscillation. If it falls below the major support, I may even turn to short positions and patiently wait for the outbreak of the market in the first half of next year.
The bull market still has the second half, if not now, then in March next year. But if this is the case, where will ETH go?
Only represents personal opinions, not investment advice.