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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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June 22 Bitcoin Market Outlook:
Bitcoin has shown a gradual recovery after a significant recent pullback. The previous sharp decline has actually served to fully release risks and alleviate selling pressure. From a technical analysis perspective, the price has successfully stabilized at a key support level and is beginning to rebound, with various moving average indicators also starting to turn upward.
Market confidence is gradually recovering, and there are signs of capital inflow. If no major negative factors appear in the market environment going forward, supported by both fundamentals and technicals, this upward trend is likely to continue.
It is recommended to pay attention to long opportunities in the range of 101800-102300, with a target price of 104000.