The crypto market is showing early signs of rejuvenation as Bitcoin has gained over 3% in the past 24 hours and is inching towards important resistance levels. Traders are betting on a breakout scenario as BTC fills the CME gap at $84,465, indicating new momentum in May.
But while Bitcoin takes center stage, savvy investors are looking to new presales with real-world substance. Among the names making waves is Remittix (RTX)—an altcoin based on payments that is quickly building momentum for its reasonable use case and strong presale performance.
As the market stirs, Remittix is under the radar as the one to watch.
Bitcoin Price Forecast and Technical Indicators
CoinMarketCap and X market analysts have spotted very robust bullish signs in the structure of Bitcoin. Bitcoin “just closed the gap on the 30M chart,” technical analyst @Hoffman_581 tweeted, mentioning the CME gap that the traders have been monitoring for weeks.
Historically, gaps are usually filled by a significant price reversal. With the CME gap filled, attention now turns to the next significant resistance at $92K. If BTC is able to break through that, many expect it to lay the groundwork for a May rally to $100K or even $110K.
Momentum indicators like the RSI and MACD are showing bullish signs. The RSI is gradually increasing towards 70, and MACD crossovers reflect buyer strength that is building up. Trading volume, meanwhile, has added over 84% to $26.37 billion—fueling further optimism in the current trend.
Bitcoin Price Prediction: Will $92K Hold?
That $92K level is significant. A breakout above that resistance will likely initiate a wave of buyers, sending BTC to new highs. If that happens, Bitcoin, currently at $87,409.78 and up 3.50% in the last day, will most likely return to or surpass its previous high around $100K within weeks.
Source: Tradingview
On the downside, if $92K gets too strong and Bitcoin is not able to hold $84,465—the freshly filled CME gap—traders might see a quick retreat. In that case, BTC could return to the $80K area for a retest before attempting a potential bounce.
Still, most short-term models lean toward bullish continuation. Several trading bots on X have tagged $95K as a soft target, with the upper estimations ranging from $100K–$110K in May if momentum continues to build up.
Bitcoin market capitalization is at $1.73 trillion, with the 24-hour trading volume moving up 84.20% to $26.37 billion, maintaining elevated action across the board.
Market Sentiment and On-Chain Metrics Confirm the Prediction
Market sentiment is still bullish as open interest in BTC futures rises across several exchanges. Bitcoin-USDT futures open interest, according to Coinglass and Velo Data, rose by 7,000 BTC valued at more than $600 million since the start of trading on March 25.
This increase in open interest indicates that traders are gearing up for even more upside. Furthermore, funding rates have been positive, which means that leveraged longs are in control. This is indicating greater confidence in the strength of the ongoing rally and adds strength to a bullish Bitcoin price prediction.
A second positive indicator is diminished miners’ selling pressure. Glassnode reports show miner reserves have leveled out after weeks of miners selling. The change suggests miners now expect more rising prices in the future and will hold on instead of selling off right away.
Remittix Brings Stability While BTC Heads for Volatility
While Bitcoin is making headlines with its erratic swings, Remittix is rapidly gaining ground among investors who seek steady growth and real-world use cases. Already trading at $0.0757, Remittix has already raised more than $14.5 million and sold more than 528 million tokens—indicating huge presale demand.
Unlike BTC, whose value goes up and down with market sentiment, the beauty of Remittix lies in its utility. Its PayFi platform can convert crypto to fiat instantly. Whether a startup in Southeast Asia or a small business in Africa, Remittix makes it simple to receive crypto payments and settle in local currency—without high costs or long waiting periods.
Imagine an Eastern European software development company with clients abroad. Rather than suffer exchange woes, the company receives payment in cryptocurrency via Remittix, which is exchanged automatically for local fiat. The money can then be used to pay salaries, cover costs, and expand their operation without concern for currency risks.
With its real-world practical uses, Remittix is emerging as a credible option to extremely volatile tokens. It does not merely follow trends—it resolves issues. It is the reason why most investors now consider Remittix as a long-term wager, particularly at a time when Bitcoin’s next course of action remains uncertain.
Final Thoughts: Will BTC Reach New Highs, and Will Remittix Drive the Next Wave?’
If Bitcoin can clear the $92K resistance, little prohibits a push towards $100K or more. Now that the CME gap is filled and volume is blasting off, technicals favor further upside. Still, volatility is always a tremendous risk, and speculators have to expect wild whipsaws.
For investors who are risk-averse and want to diversify, Remittix is an attractive proposition. With its presale sales going strong, real-world payment solution, and stable adoption, it is one of the most promising crypto projects in the pipeline.
As the market heats up heading into May, Bitcoin could make history—but Remittix is building the kind of sustainable growth story that could dominate the narrative for the next few years.
Join the Remittix presale today and become a part of crypto’s upcoming utility-driven revolution.
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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
