welcome
CoinGape

CoinGape

Business

Business & Economics

Bitcoin Price Holds Above $103K as GD Culture Commits $300M to Crypto Reserves, $105.7K Breakout Next?

CoinGape
Summary
Nutrition label

69% Informative

Bitcoin price holds steady above $103,000 as GD Culture Group commits $ 300 M to crypto reserves, supporting bullish momentum toward $ 105,700 breakout.

Options open interest climbs to $ 40B , signaling long-term positioning despite volume contraction in short-term derivatives activity.

Bitcoin price forecast today is skewed to the upside so long as price action holds above $99,000 and maintains distance from its lower volatility bands.