The bitcoin price is a firm above $ 103,000 as the GD is $ 300 meters in the Culture Crypto Reserve, which supports a boom speed towards $ 105,700 breakout.
Bitcoin value is above $ 103,000 as GD culture is $ 300 million for BTC Reserve
Bitcoin traded above $ 103,000 on Thursday as GD Culture Group Announced Injection of $ 300 million for its crypto treasury strategy.
Its assistant will be deployed by AI Catalisis to acquire digital assets including safe money, bitcoin and Trump coin through a general stock procurement agreement.
The company said that this step is designed to strengthen its balance sheet and expand in contact with decentralized financial systems.
By actively constructing a crypto reserve, the aim of the group is to increase the long-term shareholder value and adopt the crypto-indester tragian practices.
The announcement took place with stable bitcoin value action, as BTC hovering above $ 103,000, which was monitored at $ 105,000 psychological levels amidst broad market consolidation.
$ 40B option open interest confirmed rapid flexibility
Despite the decline in the trading volume, on Thursday, bitcoin derivative data indicated a continuous rapid punishment among the market participants.
As CoalusOption open interest increased by 1.21% to $ 40.04 billion, its highest in a week, while BTC derivatives held a firm in $ 65.84 billion only 1.93% in BTC derivatives.
This increase in the condition of options has declined by more than 16% to $ 80.19 billion in total amounts, reflecting strategic accumulation between low-stagnation consolidation.
Option Trading Volumes fell rapidly from 33% to $ 2.83 billion in itself, yet strongly of high open interest indicates that traders are holding positions rather than opening them. Long/short ratios such as Binance and Okx were with long/short ratio equality, with 0.7449 ratio and top merchant status in Binance accounts, which were in favor of Long on 1.5977.
Rekt data revealed $ 27.42 million in liquidation in 24 hours, with long traders taken up for $ 18.37 million. Data suggests that the situation is slanting, but not excessive advantage, strengthens the ability to absorb bitcoin volatility and maintain rapid consolidation above $ 103,000.
Today’s prediction of bitcoin value: Bulls Eye Eye $ 105,700 cohesives as motion as speedout.
The bitcoin value held a firm above $ 103,000 on Thursday, with signaling continued strength despite the short -term consolidation below $ 105,706 resistance.
The relative power index (RSI) at 67.42 and 69.14 reflects the moving speed, although it has come down a slight decline from its 9 May summit, suggesting a temporary cool-off in purchasing pressure rather than a reversal. The price at $ 98,673 remains comfortable above the SAR level, indicating that the rapid trend remains intact.
During this consolidation phase the volume is moderated, indicating a healthy break rather than a breakdown.
The Donchian channel offers a firm floor for support price action at $ 99,276 from midpoint, with the lower band serves as a secondary security in $ 92,846.
Bitcoin price forecast By the time the price action exceeds $ 99,000 and maintains distance from its low instability band, it is reverse.
Daily BTC Price The brakeouts towards the new monthly higher above $ 105,700 will confirm the continuity, while the failure to keep $ 99,000 can highlight the negative risk for the SAR level. Current indicators, suggest rapid flexibility, supported by the quantity of selling and decline in a structure that continues to respect the ascending trend signals.
Frequently asked questions (FAQs)
Bitcoin is integrated between low volatility and feeling of rapid, supported by increasing open interest and corporate treasury accumulation.
GD culture committed $ 300 million to Crypto Bhandar, which strengthened the role of BTC in institutional Treasury Strategies and strengthened the role of BTC.
If the Momentum persists and the BTC is above the support of $ 99,000, then there is a possibility of a break above $ 105,700, targeting high resistance levels.
Ibrahim
Crypto analyst covers derivative markets, macro trends, technical analysis and DEFIs. Their actions feature deeply market insights, price forecasting and institutional-grade research on digital assets.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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