#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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Today is the 358th day of my posting, and there has been no break for a day. Each one is not perfunctory, but carefully prepared.
if you think I'm a serious person, you can walk with me, and I hope that the daily content can help you. The world is big, and I'm small, so pay attention so that it's not hard to find.
In the market, many operations that make a lot of money by sitting on short waves are related to liquidity! Many experienced traders will consider this factor, especially in the cryptocurrency world
You may see many people deciding to short or long based on so-called support or resistance levels. What we need to follow is, if many retail investors are also trading around these levels..., then where will they set their stop-loss points? Is it usually set near these obvious price levels?
It is generally believed that places where a large number of stop-loss orders are concentrated are where liquidity is located. The more obvious these positions are and the longer they exist, the easier it is for institutions to intentionally sweep them. What we can leverage is to find out where these retail investors usually set their stop-loss points. If institutions are targeting these stop-loss orders at that position without actually wanting to change the larger direction, then you may be able to trade in the direction of the market makers and make a profit, and the probability of this situation occurring is not very low.
The cryptocurrency market is highly volatile and complex, and no strategy can guarantee profits. It is essential to understand the risks before investing and to use money that you can afford to lose completely.