Bitcoin Price is stalling below $120,000, trapped under key resistance as traders assess volume and momentum signals. The market watches closely; breaking this barrier could open a path to fresh highs.
Meanwhile, Cardano whales are pivoting from ADA into Remittix, drawn to its real-world utility. The Q3 wallet beta launch, $250,000 giveaway, BitMart listing announcement and the scheduled reveal of the second CEX listing at $22M are drawing renewed investor interest.
Is Resistance Set At $120,000 For Bitcoin Price?
Bitcoin hovers just under $115,000, completing common resistance. Breakout of that foundation might trigger a rally up into $125,000, but rejection keeps the chop at $113,500–$118,000. The chart is a bull flag based on a falling triangle; reverse out those ranges into support and bulls should drive into new price discovery.
Forecasts suggest overcoming $123,000 to $125,000 could clear the path to $128,000 or beyond in the coming weeks.
Top Cardano Whale Backs Remittix
Cardano whales are reportedly shifting out of ADA and backing Remittix, signalling investor faith moving toward PayFi alternatives. Whale activity shows capital rotation driven by ADA’s subdued performance and Remittix’s utility-first approach.
Remittix taps into tangible, real-world use. It has sold over 618 million tokens, is priced at $0.0987 and raised over $21 million, metrics that speak to real investor interest. Having cleared the $20 million mark, it unlocked the BitMart announcement and is preparing to reveal a second exchange upon hitting $22 million.
Additional momentum comes from its approaching Q3 wallet beta launch and a $250,000 giveaway.
Here’s what puts Remittix in the spotlight:
- Cross-border payout rails live and are expanding
- Built for adoption, not speculation
- Crypto to bank utility aimed at freelancers and global earners
- Utility first token built around transaction volume
- Funding and product delivery confirming real progress
This range of execution and incentives sets Remittix apart, especially when ADA holds below $1 amid a wane in investor activity.
BTC’s $120K Test and ADA Whales’ Pivot to Remittix
Bitcoin Price will likely remain range-bound unless $120,000 turns into support. A breakout could fuel a push toward $125,000 to $130,000. At the same time, Cardano whales moving toward Remittix underscores the growing appetite for altcoins with real-world value.
With token fundamentals in place, product milestones approaching and utility at the core, Remittix might outpace speculative altcoins during this consolidation phase.
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
