#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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Analysis: Bitcoin has returned above the 200-day MA, and the market is expected to be bullish.
According to BlockBeats news on April 27, analyst @alicharts reports that BTC has returned above the 200-day MA, which is a historically positive signal that usually indicates the price will rise further. Bitcoin formed a "death cross" on the daily chart on April 6 – a technical pattern where the 50-day MA falls below the 200-day MA. Since its inception, Bitcoin has experienced 10 such "death crosses", and the 11th is currently occurring. Analyzing the dates and durations of these "death crosses" leads to an important conclusion: every bear market includes one "death cross", but not every "death cross" results in a bear market. This distinction is key to understanding the current market landscape.