#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
Good weekend, brothers! This evening eliminated 3.2 billion CNY, 129,812 people went bankrupt drop to zero!
Here's a report for the brothers: last night BTC peaked at 103940, ETH peaked at 2447.5, and SOL peaked at 142.6!
Yesterday, Brother Siao repeatedly reminded that no matter which of these three you choose on Friday, you must exit to preserve your capital. In yesterday's morning analysis, video analysis, and weekend strategy tips, it was emphasized that as long as you strictly follow the instructions, there was an opportunity to exit with your capital preserved last night!
According to the positions we set for buying low, Saoge has talked to us multiple times about this. If we hit 2 or 3 target points, then we should either exit at breakeven on the right side rebound or reduce our position by 80% and set a breakeven stop-loss! This is something you must remember, it is crucial!
The new weekend order points given yesterday:
The first order point of BTC at 101450 was hit, making a profit of 1400 dollars.
ETH hit three low buy points at 2343/2285/2215, did not hit the stop-loss point, average price 2281, highest in the morning at 2314, with a profit space of 30 dollars. At this moment, it is consolidating at 2295, and you can reduce your position by 80%. Set the bottom position either to break even or not set at all, wait for a deep squat to add a hand because you entered at all three points, so the position is large. At this moment, the minimum standard profit-taking is 15 dollars, immediately exit 80%, and secure the principal and part of the profit!
SOL hit the long-term level of 133, and is now at 137, definitely securing a 4+, and making a profit!
Yesterday, the aggressive short position for Bitcoin was off by $150 and did not hit 104100, while the second position was off by $20 and did not hit 2466. However, our layout yesterday was primarily focused on short positions with low as a supplementary strategy. Although the short positions did not hit, it does not affect our control and switching of the rhythm!
Strictly implement the strategy, profit when there is profit, and cut losses when there is loss, as well as how to respond in various situations. In fact, we have encountered this situation many times in the past 20 days. We must not become complacent, otherwise we will be ambushed by the market and end up being stuck with our positions!
#GateLive# #GT#
Seeing $IRIS fall 90% in a week is also quite "king-level".