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Bitcoin Eyes $120K Breakout: Key Indicators Flash Bullish as BTC Defends $100K Support

Bitcoin Eyes $120K Breakout: Key Indicators Flash Bullish as BTC Defends $100K Support

Published:
2025-11-07 12:42:19
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Bitcoin isn't just knocking on $120K's door—it's kicking it down. Here's why.

The $100K Floor Holds Strong

BTC keeps bouncing off six-figure support like a trampoline. Traders who waited for a 'discount' now chase the rally.

Indicators Scream 'Overbought' (In the Best Way)

RSI? Toasted. MACD? Parabolic. The charts look like a hedge fund manager's fever dream—except this time, retail's riding shotgun.

Wall Street's FOMO Playbook

Institutional inflows hit record highs last week. Funny how banks suddenly 'get' crypto when their clients demand it—and custody fees roll in.

Buckle up. The only thing thicker than the bullish momentum? The irony of traditional finance finally admitting we were right.

Bitcoin Price Prediction: Bulls Protect the Support as Technicals Revert to the Upside

Source: UNKNOWN TRADER

The price of Bitcoin has stopped at $101K following a fall to below $100K earlier this week. This is a critical support area according to traders, and the recovery to $106K may establish a move towards $120K. The stochastic oscillators and RSI are technical indicators that are on an upward trend out of the oversold area, and this is a pointer that the intensity of selling is also decreasing.

Although the Bitcoin price prediction for November is tentatively bullish in the short term, it is cautious about the foreseeability of the market. Increasing inflows to ETFs, a consistent on-chain accumulation, and macro tailwinds of excellent U.S. data are all catalysts. An increase in the price above $106,400 daily would initiate the next leg up, whereas $98K is the primary floor to consider any resistance.

Remittix: The PayFi Star Pulling Bitcoin Traders’ Attention

While Bitcoin’s climb is slow, Remittix continues to dominate headlines with explosive performance and steady adoption. The team announced two confirmed centralized exchange listings, with two more secured for reveal once upcoming milestones are hit. Ranked as the #1 Pre-Launch Token on CertiK Skynet, Remittix has completed full KYC verification and remains focused on security and transparency.

The Remittix Wallet has been in beta testing for over 10 days with strong community engagement. Development of the Remittix Web App is nearly finished, and its crypto-to-fiat integration aims to bridge blockchain payments with real-world banking. This progress explains why investors—including major bitcoin holders—are moving into RTX for diversification.

  • Over $28 million raised with 684M+ tokens sold at $0.1166, showing massive institutional and retail interest.
  • Two CEX listings with Lbank and Bitmart live, two more secured for launch.
  • CertiK-verified and ranked #1 Pre-Launch Token globally.
  • Wallet beta live, offering seamless transfers and low gas fees.
  • Web App nearing launch to enable instant crypto-to-bank payments.

Why Bitcoin And Remittix Are Defining 2025’s Growth Narrative

Both Bitcoin and Remittix represent strength in different ways. The stable performance of Bitcoin around the $100K level is a positive indicator across all areas, and Remittix introduces a sense of use of crypto payments into real life. This value and innovation combination can be the legacy of the next major boom in digital assets as institutional flows rebound and investor sentiment rises.

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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