#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
📊 Demand backtest model & Trading Volume distribution chart analysis, teaching you how to find the right encryption trading entry points.
🔍 Key Points
1. Key Area Identification
- POC (Trading Volume Control Point): High trading volume accumulation area, best buying range
- Base Zone: A price consolidation area that lasts for a long time, the longer the time, the stronger the breakout power.
2. Typical Trend Phases
▸Accumulation Phase: High Trading Volume Accumulation → Formation of POC
▸Backtesting phase: After the breakout, a decrease in volume and a pullback to POC → Ideal entry point
▸Rising Phase: Low-volume increase after breaking through the base area → Hold signal
💡 encryption trading application
1. Buying opportunity: The price retraces to the POC area and appears:
· Trading Volume shrank to 30%-50% of the previous period
· The 4-hour K-line has a long lower shadow.
2. Invalid Signal:
· During backtesting, the trading volume drops below the lower edge of the POC.
· The rebound cannot return to the upper edge of the base area.
❓How do you usually combine Trading Volume and price to determine buy and sell points? Have you ever encountered any amazing operations when backtesting POC? Feel free to share your experience!
Invite friends to participate in the growth value lottery and win rich prizes!
https://www.gate.com/activities/pointprize/?now_period=11&refUid=2269894 #成长值抽奖,赢 iPhone 16 和精美周边#
#Gate加密穿梭机# #Gate BTC链上质押收益百分之三#