Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bitcoin Price Analysis: Is BTC Ready for a New All-Time High Above $108K?

Bitcoin’s $90K support region has demonstrated its strength, sparking a notable bullish surge. The price is now nearing its all-time high of $108K, where a breakout could ignite a short liquidation cascade, potentially pushing the asset into uncharted territory. Technical Analysis By Shayan The Daily Chart The $90K support zone has proven to be a robust floor, holding the price steady in recent months and showcasing strong buyer confidence. This resurgence of buying interest has driven Bitcoin above the channel’s middle trendline, positioning it close to the ATH at $108K. That peak level represents a substantial resistance region with concentrated supply and heightened selling pressure. As Bitcoin approaches this critical threshold, short-term volatility is expected due to the ongoing battle between buyers and sellers. If bullish momentum continues, reclaiming the ATH at $108K could trigger a short liquidation cascade, likely resulting in another surge as market participants rush to cover positions. The 4-Hour Chart The lower timeframe highlights the importance of the $90K support, which has consistently halted downward momentum in recent months. This has fueled an impulsive bullish move, driving Bitcoin toward the $108K resistance zone. This region not only represents Bitcoin’s ATH but also aligns with the ascending channel’s middle boundary, further reinforcing it as a critical juncture. A successful breakout and consolidation above this level could pave the way for a sustained rally toward new highs. The upcoming price action at the $108K resistance region will be crucial in determining Bitcoin’s next trend, with heightened volatility expected in the short term. On-chain Analysis By Shayan The realized price of UTXO age bands, particularly for the 1-3 month cohort, offers critical insights into short-term holding behavior and broader market sentiment. This metric represents the average acquisition price for recent buyers, acting as a dynamic support or resistance line that reflects market confidence. When Bitcoin is above this short-term cohort’s realized price, it signals growing bullish momentum. This indicates that new buyers are confident in holding their positions, even at elevated price levels. Conversely, a drop below this threshold suggests a heightened risk of sell-offs, as these participants face unrealized losses. Recently, the realized price for the 1-3 month UTXO cohort at the $90K region has acted as a crucial support level, pushing the asset up toward its ATH. Bitcoin holding above this level signals a bullish sentiment in the market, with the potential for the price to continue its upward trajectory. However, if the cryptocurrency breaks below this dynamic support line, market sentiment could shift to a fearful state, increasing the likelihood of a distribution phase. The post Bitcoin Price Analysis: Is BTC Ready for a New All-Time High Above $108K? appeared first on CryptoPotato . Bitzo

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Remittix Poised to Revolutionize the $190 Trillion Payments Sector - Top Crypto Presale Opportunity with 30% Trump Token Bonus

Remittix (RTX) is swiftly emerging as a central figure in the crypto world by addressing long-standing issues in the cross-border payment landscape. This cutting-edge PayFi solution is packed with benefits for businesses, investors, and individuals. So, what makes Remittix so intriguing, and why is it drawing so much interest during its presale? Addressing Global Transfer Inefficiencies High fees and hidden costs have long been a burden in traditional international payment systems, and this is where Remittix (RTX) steps in, providing a robust modern alternative. The platform converts more than 40 cryptocurrencies into fiat and facilitates direct transfers to bank accounts across the globe. By cutting out intermediaries, Remittix slashes transaction times to just 24 hours. For individuals, this translates to easier management of international finances. For businesses, it means expanding globally without the hefty costs associated with international operations. Promoting Crypto Payment Integration for Enterprises With the Remittix Pay API, businesses can accept cryptocurrency payments and settle in fiat. This feature allows companies to tap into the vast potential of the crypto market without dealing with its complexities. This is particularly attractive for freelancers, e-commerce platforms, and service providers. Supporting over 30 fiat currencies and more than 50 cryptocurrency pairs, Remittix provides the flexibility businesses need to manage finances efficiently across various regions. By addressing both crypto acceptance and fiat settlement, Remittix is establishing itself as a vital tool in today`s interconnected global economy. Emphasizing Privacy and Financial Inclusion Privacy is a fundamental aspect of the Remittix (RTX) platform. Transactions conducted through the system appear as ordinary bank transfers, with no trace of their cryptocurrency origins. This feature is appealing to users and businesses seeking discreet financial activities, making blockchain technology accessible without undue attention. Furthermore, Remittix is dedicated to enhancing financial accessibility. By operating round the clock and bypassing conventional banking infrastructure, the platform ensures global financial system access for underbanked communities, thereby expanding economic opportunities for people in underserved areas. Set to Shake Up PayFi by 2025 The Remittix presale is in full swing, offering $RTX tokens at a competitive price of $0.0217. The native token is designed for resilience and growth, serving multiple roles within the broader ecosystem while giving investors a chance to invest in Remittix`s future. The token has already amassed over $3.5 million in investments, with analysts predicting an 800% price increase by launch and a potential 5,000% rally post-launch. Remittix (RTX) is poised to become a game-changer in 2025 due to its innovative approach to solving inefficiencies in the $190 trillion cross-border payments market. For those eager to explore the boundaries of DeFi and discover new possibilities, this is a project not to be missed. Explore the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Bitzo