Bitcoin fell hard this week, and many are asking what to buy next. Bitcoin slid after a sharp 14% drop from the highs, while spot ETF outflows crossed $1.2 billion. In the middle of the fear, one payment-focused project, Remittix (RTX), keeps trending as investors look for real utility. Below, we break down the Bitcoin setup, the key technical levels, and why Remittix is gaining attention right now.
Bitcoin Market Snapshot: ETF Outflows
The Bitcoin price is about $106,873 as sentiment cools. Data shows spot Bitcoin ETFs shed more than $1.23 billion this week, reversing almost $6 billion of inflows from the prior two weeks. That swing, plus last Friday’s $4.65 billion in liquidations, pushed the Crypto Fear and Greed Index back into fear. In risk-off periods, some investors rotate to cash or gold, which also weighed on Bitcoin.
Macro headlines are not helping. Traders are watching tariff headlines, the ongoing U.S. government shutdown, and credit jitters from regional banks. When uncertainty rises, leveraged longs get squeezed first, so it is no surprise that Bitcoin sold off faster than slower-moving assets.
On the daily chart, Bitcoin has broken below the 50-day moving average, and a clear double-top has formed near $124,355. In classic technical analysis, that pattern’s measured move points toward $92,345 if the neckline fails. The Supertrend has flipped red, which tells short-term traders to stay cautious until the price reclaims the trend.
There is a bull case. If Bitcoin can bounce and close above $113,000, that would invalidate the near-term bearish view and open a path back to the highs. Until then, dips into the $100,000–$103,000 area will be watched for buyer interest, while a decisive loss of $100,000 invites a test of deeper support.
Why Remittix Is On Watchlists
While traders debate Bitcoin, investors are hunting for projects with clear use cases. Remittix is a PayFi network that lets people pay fiat into bank accounts using crypto.
The Remittix project price is $0.1166, with over 679 million tokens sold and over $27.5 million raised. The model is simple as a user connects a wallet, sends crypto, and the recipient gets local currency in their bank, with the exact reference and no hidden FX.
Remittix Highlights Right Now:
- Audited and ranked #1 on CertiK, which supports a strong security profile.
- Wallet beta is live, enabling fast crypto-to-bank flows across supported corridors.
- Business focus, Remittix Pay API is designed for merchants and freelancers who want to accept crypto and settle in fiat.
- Practical rails, 40+ cryptocurrencies to 30+ fiat currencies at launch, aim to reduce friction for real payments.
Final Take: Positioning After ETF Outflows
ETF outflows, liquidations, and macro stress drive this week’s Bitcoin pullback. The chart says respect the double-top until Bitcoin reclaims $113,000.
For fresh capital, pairing a core Bitcoin position with a real-utility play like Remittix can balance momentum and fundamentals. With the Remittix project priced at $0.1166, over 679 million tokens sold, and over $27.5 million raised, investors are clearly watching for continued product traction while Bitcoin finds its footing.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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