#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# The crypto market appears to be entering a critical phase, with analysts suggesting that one last corrective move could precede a significant rally – especially among altcoins.
Bitcoin continues to show resilience near its current levels, with many observers already dismissing the likelihood of a return to $75,000. Despite the relative calm, sentiments remain cautious — a scenario that some experts interpret as a signal of hidden strength.
As BTC consolidates, altcoins are attracting increasing attention. After a modest decline of 14%, many of them are preparing for a possible short-term correction of another 10-20%. Historical patterns indicate that this type of retreat often precedes an explosive upward momentum.
An analyst pointed out similarities with the market behavior in September 2024. At that time, the altcoin index dropped by 18% before recovering with a sharp jump of 43%. If this pattern repeats, the current decline could be the last before a broader altcoin rally.
It is important to note that this correction is not expected to be severe. Market liquidity remains stable, with significant capital still in reserve. These reserves can fuel a faster recovery once confidence is restored and the trend reverses to positive.
Traders and investors may want to view this moment as a strategic opportunity – a chance to refine their portfolios, reduce their exposure to low-yield assets, and focus on investments with a high degree of conviction. If the momentum strengthens as expected, the next stage of the bull cycle could propel the market to new historical highs.