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Word of the day 23-05-2025
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👉Word of the day 16-06-2025 #Trading #WORDOFTHEDAY✅ $BTC $ETH $BNB
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As of June 16, 2025, Bitcoin (BTC) is trading around $105,000–$106,000, with slight variations across sources. Recent data indicates: Price: Approximately $105,369.22 (InvestingHaven) to $105,508 (LongForecast), with a tight range of $104,940–$106,190 reported yesterday. Market Status: BTC is consolidating near $105,000 after rejecting support at $104,200. It's trapped in a corrective flag formation, with resistance at $106,000 and support at $104,000. The daily chart shows neutral price action at the 0.5 Fibonacci retracement level ($105,485).
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#bulltrap #Bitcoin❗ $BTC $ETH $BTC
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#VietnamCryptoPolicy Vietnam’s cryptocurrency policy, as of June 16, 2025, reflects a cautious yet evolving approach, balancing high public adoption with regulatory control to address risks like money laundering and financial instability. Here’s a concise overview based on current developments
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#MetaplanetBTCPurchase Japanese investment firm Metaplanet has been aggressively acquiring Bitcoin as part of its treasury strategy. As of June 16, 2025, Metaplanet announced the purchase of 1,112 BTC for approximately $117.2 million at an average price of $105,435 per Bitcoin, bringing its total holdings to 10,000 BTC, acquired for about $947 million at an average price of $94,697 per BTC. This acquisition has resulted in a year-to-date BTC Yield of 266.1% for 2025. The company aims to hold 100,000 BTC by the end of 2026 and 210,000 BTC by 2027, positioning itself as one of the largest corporate Bitcoin holders globally. Metaplanet’s strategy, often compared to MicroStrategy, involves funding purchases through equity sales, zero-interest bonds, and options strategies, driving its stock price up significantly.
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