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Bitcoin Holds $110K Range as Institutional Holdings Top 1 Million BTC

A Bitwise report showing 176,762 BTC added in Q3 highlights steady demand despite post-crash consolidation.

Overview

  • Bitcoin is consolidating near $111,000–$116,000 after a flash crash to about $103,000, with key resistance clustered around $115,000–$117,500 and a midpoint pivot near $112,000.
  • Bitwise says 72 disclosed companies and funds now hold more than 1 million BTC, including 176,762 BTC accumulated in Q3, with Strategy cited as the largest corporate holder at 640,031 BTC after adding 40,000 BTC.
  • Analysts note a potential double-bottom pattern in BTC with a neckline near $116,000, where a sustained break could open targets toward $122,000–$125,000 and possibly higher if momentum builds.
  • Short-term risk appetite remains fragile as the Fear and Greed Index fell to 37 and 155,884 traders were liquidated for $413.18 million in the past 24 hours, reflecting elevated leverage and whipsaw moves.
  • Ethereum is defending the $3,700–$3,900 support band and stalling below $4,240–$4,440 resistance, with technicians eyeing a bull-flag and higher-low structure; crypto.news also flagged Bit Digital’s purchase of over 31,000 ETH as a sign of institutional interest.