Bitcoin price today is hovering around $110,764 following a bumpy September start. Due to this bullish performance, traders are focusing more intensely than ever on support zones and even worst-case scenarios. As BTC faces a potential 20% to 30% correction, early movers in the altcoin market are looking at Remittix (RTX), a rising DeFi token generating buzz with projections of 30x upside this cycle.
Bitcoin Price Today Tests Key Levels Amid Bearish Formation
The Bitcoin price today faces downward pressure after Friday’s disappointing NFP data sparked a reversal from highs above $113,000. BTC closed at $110,700, forming a bearish doji candle that some analysts interpret as a strong signal for an incoming correction. Historical September trends add more weight to this bearish view, with the month averaging a 3.77% decline for Bitcoin since 2013.
Technical analysis sees BTC easing back towards the $104,000–$100,000 area. The area includes some of the major support triggers in the shape of the 200-day EMA, the 50% Fibonacci retracement level, and the psychological $100K level. According to analysts like Peter Brandt and MelikaTrader94, the worst-case scenarios could bring BTC down to $78,000–$95,000.
Remittix Positions for Growth as Bitcoin Cools Off
While the Bitcoin price today hovers near a critical point, Remittix (RTX) is gaining traction among investors who prefer utility-first tokens with near-term catalysts. Positioned as a PayFi enabler, Remittix facilitates crypto-to-bank transfers in 30+ countries, without requiring the recipient to touch crypto.
The project confirmed CEX listings on BitMart (after crossing $20M) and LBANK (after $22M), with a third listing expected shortly. As BTC potentially enters a consolidation or drawdown phase, smart capital is quietly flowing into tokens like RTX that offer asymmetric upside.
Here’s why crypto experts are eyeing Remittix now:
- Practical Payment Network: Users can send crypto, recipients get fiat—simple, fast, and borderless
- CertiK Verified Security: Smart contracts audited and trusted by the industry’s gold standard
- Mass Adoption Potential: Designed for freelancers, global earners, and unbanked communities
- CEX-Ready Infrastructure: Remittix is structured for major trading volume and liquidity
Will Bitcoin’s Pullback Fuel the Next Altcoin Rotation?
With the Bitcoin price today teetering at the $111,000 mark, traders are assessing whether BTC can hold current levels or slide further. A breakdown toward $100K could trigger a broader altcoin reallocation phase. A phase where tokens like Remittix stand to benefit significantly. Remittix’s product momentum, active community, and Q3 deliverables make it a standout as investors search for scalable utility.
If BTC consolidates, the alt market could heat up as sidelined capital looks for fresh opportunities. And if BTC breaks down sharply, buyers may pivot hard toward emerging assets that still offer massive upside without the weight of macro risk.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
