This week, the crypto market faced renewed turbulence as Bitcoin slipped below $111,000, reigniting debate among traders about whether another leg down is coming.
While traders debate the next BTC price action, smart money moves toward a newer, high-upside opportunity built on the Ethereum network: Remittix (RTX). Here is why RTX is trending across X as investors look for a stable hedge in the storm.
Bitcoin Price Forecast: Bulls Under Pressure
Bitcoin trades around $108,874, 2% in the past day. The downturn follows an escalating trade tension between the US and China. BTC has shed nearly $5,000 in the past month, with trading volume down over 20%.
The technical chart shows weakness, as BTC struggles to reclaim its nearby resistance around $113,000. Analysts point out that whales are shorting aggressively, with a reported $392 million in shorts added after the last rejection of nearly $116,000.
If Bitcoin fails to hold the $108 level, the next critical support lies near $105,000, with a possible retest of $100,000. Still, some Bitcoin price forecasts are confident that a triple-bottom formation around $109,600 could lead to a bounce toward $125,000–$130,000 later in Q4, as long as the overall macro attitude improves.
Capital Rotates into the PayFi Ethereum Token Amid BTC Instability
As Bitcoin price forecasts become more conservative, investors are shifting their attention to Remittix, a new PayFi startup that combines real-world use cases with utility.
Remittix is based on Ethereum and lets you send money across borders using crypto right now. Regular users may send crypto to over 30 countries and have it appear as local fiat, usually within 24 hours, with no middlemen or hidden costs.
Remittix Core Highlights:
- Supports 40+ cryptocurrencies and 30+ fiat currencies
- Transfers completed within 24 hours to real bank accounts
- Remittix Pay API lets businesses settle crypto as local fiat instantly
- Full privacy, as transactions appear like standard bank transfers
As the presale nears completion, $27.47 million has been raised and 678 million tokens sold, with each token now priced at $0.1166. Early holders already sit on massive paper gains, and with exchange listings on BitMart and LBank locked in, analysts are eyeing a smooth transition into the next growth phase.
Why Remittix Is Trending on X: Is This the Next 100x Ethereum Play?
This week, Remittix has become a hot subject on X (previously Twitter), with thousands of posts discussing its presale spike and its ambition for real-world payments. Several factors have helped this momentum grow:
- CertiK verification & #1 Pre-Launch Token ranking, boosting investor confidence
- Wallet Beta testing is already live, with strong community feedback
- 15% USDT referral rewards, driving grassroots promotion
- Upcoming Web App integration, linking crypto-to-fiat payments seamlessly
Market analysts project that RTX may easily see a 100x rally after it goes public because of its excellent fundamentals, early exchange traction, and increasing PayFi story.
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