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Bitcoin Price Prediction: BTC Bears Target $110K Correction as Remittix Dominates Market with $20M Funding Surge

Bitcoin Price Prediction: BTC Bears Target $110K Correction as Remittix Dominates Market with $20M Funding Surge

Published:
2025-08-20 13:00:36
23
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Bitcoin's bull run faces its toughest test yet as analysts warn of a potential $110K pullback—just when everyone thought the rally was unstoppable.

Meanwhile, Remittix quietly secures $20 million in fresh capital, proving that while traders panic, builders keep building.

The correction chatter isn't just noise. Technical indicators are flashing red, and leveraged positions are looking dangerously overextended. Smart money's taking profits while retail FOMO kicks in—classic market cycle behavior.

Remittix's funding round screams institutional confidence. They're solving real problems in cross-border payments while crypto Twitter argues about candle patterns. Priorities, people.

Remember: corrections clean out weak hands and create opportunities. The real question isn't if Bitcoin drops—it's who's prepared to buy when blood's in the streets.

Wall Street still can't decide if crypto's the future or a scam, but they'll happily collect fees either way. Some things never change.

Bitcoin Price Prediction: Why BTC Might Deep below $110,000

Bitcoin has broken down from a rising wedge pattern, a setup that historically signals retraces nearly 9 out of 10 times. Immediate support lies at $110,000, with deeper downside possible toward $105,000 and even the $100,000 psychological zone.

Bitcoin Price Daily Price Chart | Source: Captain Faibik on TradingView

The recent rally left most holders in profit, creating natural selling pressure. On-chain data shows the Market Value to Realized Value (MVRV) ratio at 21%, putting BTC in what Santiment calls a “mild danger zone.” The temptation to lock in gains rises when average investors are this far in the green.

Still, technicals aren’t all doom. If BTC can defend $110,000 and rebound toward $120,000, momentum could return to the bulls. But right now, most Bitcoin price Predictions point to consolidation or correction before another breakout attempt.

For many investors, that means one thing: time to rotate profits into higher-upside bets.

Remittix: The Altcoin Attracting BTC Holders’ Attention

Remittix (RTX) is positioning itself as the “next-gen XRP”, offering a payments platform that merges crypto’s speed with the everyday convenience of fiat. Users can send over 40 cryptocurrencies into bank accounts in 30+ countries, with funds landing in 24 hours or less.

Key features include:

  • Flat fees, no hidden FX charges
  • Privacy-first transfers that appear as normal bank deposits
  • Remittix Pay API for freelancers and businesses
  • Liquidity and team tokens locked for 3 years
  • Smart contract audited and passed with no issues

With a global remittance market worth $183 trillion annually, Remittix is targeting a massive addressable market. And unlike Ripple, which leans on institutional deals, RTX is built for retail adoption from day one.

Why Remittix Is the Best Bet Amid Bitcoin’s Correction

While Bitcoin prediction models point to a potential short-term dip to $110,000, investors are hunting for projects that can deliver bigger multiples. RTX recently hit its $20 million presale milestone, crossing into breakout territory. Each token is priced at $0.0969, with analysts calling for 100x upside once exchange listings begin.

BitMart has already been confirmed as the first CEX listing, giving RTX immediate liquidity and access to millions of traders. More listings are expected as the presale wraps up, creating a clear catalyst path.

For whales, the rotation logic is simple:

  • Bitcoin may dip before recovering, offering limited near-term upside.
  • Remittix offers a ground-floor entry with asymmetric potential.
  • The ongoing $250,000 Remittix Giveaway draws thousands of new holders, fueling early adoption.

That’s why RTX is increasingly being called one of the best altcoin bets during Bitcoin’s cooling phase. Instead of sitting out the chop, investors are locking positions on a project with real-world utility and imminent listings.

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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