The Bitcoin bull run has reached a halt. BTC fell toward $110,000 after peaking at $124,000 this month. As key support levels threaten to break, traders are watching the next move. The next stop might be below $100,000 without any tangible upsurge in the near term.
Still, while Bitcoin price action wrestles with resistance, one trending altcoin is catching serious attention: Remittix (RTX). With its presale raising over $22 million and early exchange listings already lined up, some analysts are calling RTX the altcoin that could deliver 3,400% gains in 2025.
Bitcoin Price Analysis: Bears Eye $100,000 Breakdown
Bitcoin price has been gradually bleeding since hitting its all-time high of $124,000. On the daily chart, BTC has been unable to reclaim momentum, closing August in bearish territory.
The $110,000 support has already cracked once. If bulls fail to hold the line, the next target sits near $104,000, and losing that could open the floodgates for a dip below $100,000.
Bitcoin Price Chart | Source: TradingView
Technical indicators aren’t on the bulls’ side either. The RSI remains under 50, signaling bearish momentum. Meanwhile, the chart shows BTC trading inside a steep descending channel, with sellers dominating short-term moves.
Onchain data adds more fuel to the debate. Exchange netflows show more BTC leaving exchanges than entering, which often signals long-term holding. But selling pressure from futures influences market behavior, igniting a battle between short-term traders and holders.
For now, the Bitcoin price trend remains cautious. If the market breaks decisively below $104,000, it may become bearish for weeks.
Investors Turn Attention to Remittix Amid Blue-Chip Struggle
While Bitcoin fights to keep its six-figure level, Remittix is surging ahead with adoption, presale momentum, and real-world utility. Dubbed the “PayFi” revolution, Remittix is building a platform where users can send crypto and have recipients receive fiat directly into their bank accounts, all in under 24 hours.
And the numbers are speaking for themselves:
- $22.4 million+ raised in presale
- 630 million+ tokens sold as token price hits $0.10 each
- Two major CEX listings (BitMart + LBank) have been confirmed before the presale ends; more will follow.
- The Beta Wallet will launch in September, with testnet access for selected presale buyers.
This is more than hype; it’s infrastructure. Remittix is solving a $19 trillion payments problem with instant, borderless transfers. Competitors like Wise and Stripe still can’t match this crypto-to-fiat simplicity.
Why Analysts See 3,400% Gains
Early projections suggest RTX could rally to $3.50+ in 2025, representing a 3,400% gain from current presale levels. With the presale nearly two-thirds complete, major CEX listings secured, and a product about to go live, RTX offers the kind of early positioning Bitcoin can’t match anymore.
The $250,000 Remittix Giveaway also pulls thousands of new users into the ecosystem, boosting awareness at the perfect time. Meanwhile, the relatively low entry cost and microcap status make RTX a smarter bet for outsized gains ahead of the upcoming bull cycle.
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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