Corporate Bitcoin Holdings Cross 1M BTC: Over 176K BTC Added In Q3

Key Developments in Bitcoin Market

Bitcoin experienced a flash crash to $103,000, followed by stabilization below $115,000.
Institutional demand remains strong with 72 companies holding over 1 million BTC, valued at roughly $117 billion.
Bitwise reports 176,762 BTC purchased in Q3 by publicly listed companies and funds.
Strategy is the largest corporate holder with 640,031 BTC, adding 40,000 BTC in Q3.
The trend reflects Bitcoin's increasing role as a strategic asset in corporate treasuries.

Market Trends and Analysis

Bitcoin trades around $112,870, struggling to break the $117,500 resistance level.
The price is trapped between the 50-day and 200-day moving averages, indicating market indecision.
If BTC fails to reclaim $115,000–$117,500, it could fall to $108,000 or $105,000.
A close above $117,500 may signal renewed bullish momentum toward $122,000–$125,000.

Institutional flows and on-chain signals will be crucial in determining Bitcoin's next move amid current market uncertainty.