#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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The price of Bitcoin quickly rebounded to $106,000 after experiencing a fall of $103,300, demonstrating the market's high ability to wash out positions while also validating the asset's resilience.
A real bull market is never a smooth, one-way rise; rather, it filters out those steadfast investors amid alternating ups and downs. The market's fall at the 103K position was actually a shakeout, while the subsequent rise to 106K became an important validation point for the market direction.
For investors still waiting for a "lower entry point," they may have already missed the best opportunity to participate. The current market performance does not signify the end of the trend, but rather could be a signal for the beginning of the second phase of the rise. Next, the market is likely to push toward higher price levels such as 110K, 115K, forming an upward pattern that continuously leaves observers on the sidelines.
The price of Bitcoin has indicated its trend choice through technical patterns, and investors need to consider how to avoid missing market opportunities again. At this critical moment, the decisiveness of decisions may have a significant impact on investment outcomes.