#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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To predict the trend of BTC, we should use SOL as a reference. Because SOL is always one step ahead of BTC's pullback, this time it is also the first to start a pullback after reaching a high of 187, retraced to 152.5, which is the position of 0.382, and paused here for a few days, falling below 150, giving leeks the illusion of buying the bottom. Here, in fact, we are waiting for BTC 103000 to break down. It fell to 141.5 last night, which happened to be a pullback to the 0.50 level. It also pulls back about 11 points downward, that is, around 130.5, that is, the position of 0.618 and the bottom-buying point.
Purely from the point of view, SOL falls to around 130 can buy the bottom, BTC is less than 95000, 95000 This is the position of the callback 0.618, the spot can be placed at will, it doesn't matter if you can't catch it, I believe that few people will buy BTC spot above 9.8W. BTC is slightly stronger as the broader market, if SOL pulls back to 0.618, BTC's basic pullback of 0.50 at 98200 will be about the same. The position of 0.382 is 101400, which has fallen below last night, but it has always been a strong reversal to close up, and if it does not resist 10w here, it will be lost immediately, so can not chase short, at least to rebound above 102400 and then empty. Therefore, the next pullback of 0.50 is near 98200, which can be used as a bottom-buying point for the contract for the time being.