- Pin
- #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 - 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Analysis: BTC is testing new support levels. If it shows a 10% increase, short positions exceeding 15 billion dollars may be liquidated.
Bitcoin is struggling to retest support levels, and liquidity analysis shows that conditions are ripe for a significant short squeeze. Market price fluctuations are expected, and if prices drop again, $100,000 is still a possible target. Analyst Cas Abbe shared on X platform that if the Bitcoin price rises by 10% now, a $15.11 billion short position will be liquidated. At the same time, if the Bitcoin price falls by 10%, a $9.58 billion long position will be liquidated. The current negative funding rate indicates that "many short positions" emerged over the weekend, and significant fluctuations are expected next week; this could push the Bitcoin price above $109,000 to $110,000.
A couple of days ago, I mentioned that the extreme position for this round of pump is around 105700. Now it has just broken the resistance level of 105800 and is now pulling back. BTC surged from 100300, pumping up by 5500 dollars without any pullback, but now it’s time to start the pullback. The first round of BTC pullback is expected to see the position around 104400, while ETH is looking at the position of 2560. It’s possible that after this position is reached, BTC may go back up to around 1067. We need to observe the situation as we go, because 1067 is the next resistance level, and it’s very likely to be broken. If it is broken, it should be around 107000!
The above points are for reference only and should not be taken as trading advice. Please rely on actual points for specific situations.
#BTC # ETH #Pi