Finally, Done 👍 WOTD 22/06/2025 | Bitcoin Newser on Binance Square

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Finally, Done 👍 WOTD 22/06/2025

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Bitcoin (BTC) BTC$102,525.76 $BTC rallied above $102,000 after briefly falling below $101,000 in a volatile session marked by unusually heavy trading, according to CoinDesk Research's technical analysis model. Market participants reacted swiftly to the dip, which pushed BTC near the bottom of its month-long trading range. The reversal gained momentum as volume accelerated, leading to a strong rebound. The move coincided with a sharply worded post from James Lavish, a Managing Partner of the Bitcoin Opportunity Fund, who wrote on X: “If you are selling Bitcoin because of the possibility of the world going to war, you have absolutely no idea what you own.” The $100K–$110K range has contained price movement for nearly a month. On-chain metrics suggest a balanced market with neither excessive profit-taking nor aggressive accumulation, while derivatives data indicates cautious sentiment with continued demand for downside protection. Technical Analysis Highlights A midnight push lifted BTC above $102,800 with trading volume peaking at 17,906 BTC. Between 05:57 and 06:00, BTC climbed from $102,767 to $102,912, supported by volume spikes over 150 BTC per minute. Peak recovery-period volume hit 184.24 BTC, helping drive price toward $102,990. Minute-level consolidation around $102,680–$102,720 preceded the breakout. A higher support level began forming near $102,870 as volatility decreased.

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#ScalpingStrategy Scalping is a fast-paced trading style focused on profiting from small price movements within minutes. It requires quick decision-making, precise execution, and effective risk management to succeed in this high-frequency environment. 💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades. 👉 Complete daily tasks on Task Center to earn Binance Points: • Create a post using #ScalpingStrategy or the $BTC cashtag • Share your Trader’s Profile, • Or share a trade using the widget to earn 5 points! (Tap the “+” on the Binance App homepage and select Task Center) Activity Period: 2025-06-22 06:00 (UTC) to 2025-06-23 06:00 (UTC) Rewards are first-come, first-served, so don’t forget to claim

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Bitcoin is seeing a surge in corporate interest. In just five days from June 16 to 20, 18 companies added a combined 12,010 BTC to their treasuries. That equals over $1.22 billion at its current price. Purchases and Planned Acquisitions Signal Institutional Momentum According to the update shared by @btcNLNico on X, two new firms, including Prenetics, began holding Bitcoin, starting with 187.4 BTC. Strategy led the purchases with a massive 10,100 BTC buy. That’s over $1 billion in a single move. Other notable buys came from Metaplanet, The Blockchain Group, H100 Group, and The Smarter Web Company. These firms are building their BTC reserves quickly and visibly. The activities didn’t stop with purchases. There were 14 announcements about future Bitcoin acquisitions. The planned buys could reach $1.16 billion. It is worth noting that many firms are raising capital just to add BTC to their balance sheets. Metaplanet issued $210 million in bonds. Fold is pursuing a $250 million equity raise. DDC Enterprise is preparing a raise of up to $528 million. ANAP and H100 are both tapping credit to convert into Bitcoin.

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Bitcoin is seeing a surge in corporate interest. In just five days from June 16 to 20, 18 companies added a combined 12,010 BTC to their treasuries. That equals over $1.22 billion at its current price. $BTC Purchases and Planned Acquisitions Signal Institutional Momentum According to the update shared by @btcNLNico on X, two new firms, including Prenetics, began holding Bitcoin, starting with 187.4 BTC. Strategy led the purchases with a massive 10,100 BTC buy. That’s over $1 billion in a single move. Other notable buys came from Metaplanet, The Blockchain Group, H100 Group, and The Smarter Web Company. These firms are building their BTC reserves quickly and visibly. The activities didn’t stop with purchases. There were 14 announcements about future Bitcoin acquisitions. The planned buys could reach $1.16 billion. It is worth noting that many firms are raising capital just to add BTC to their balance sheets. Metaplanet issued $210 million in bonds. Fold is pursuing a $250 million equity raise. DDC Enterprise is preparing a raise of up to $528 million. ANAP and H100 are both tapping credit to convert into Bitcoin.

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