#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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
🔍 Price & Technical Structure
Current Range: Bitcoin remains tightly confined between $104,300–105,100, reflecting a consolidation phase after recent volatility .
Support Levels: Immediate support lies around $104,300–103,750. A breakdown below that could see a retest of $101,000–99,500 .
Resistance Levels: The first barrier is the 20/50/100 EMA cluster near $105,960, followed by the broader resistance zone at $108,000–109,000 .
---
📉 Momentum & Volatility
RSI & Momentum: RSI resides just above neutral (~54), indicating a balanced tug-of-war between bulls and bears. MACD shows a slight bullish bias—without volume, however, breakout chances are muted .
Volatility Compression: Bollinger Bands and ATR show volatility tightening, suggesting a coming breakout as current price action focuses in a symmetrical triangle .
---
🧭 Market Dynamics
ETFs & Flows: Spot ETF inflows show sustained institutional demand. According to recent data, around $388 M in daily ETF flows, totaling over $46 B+ in cumulative inflows—highlighting strong underlying appetite .
Derivatives Warning: Despite steady spot prices, derivatives markets are sending caution signals—funding rates are elevated, hinting at cautious/leverage behavior .