Bitcoin is trading beneath an important resistance band following a 14% drop from the all-time high of $124,500. With price action currently being held in the $112,000 range, the crypto market is now awaiting a breakout. Analysts are calling this a typical post-euphoria cooling period, where market structure resets before the next leg up. Meanwhile, opportunistic traders are increasingly shifting focus to Remittix (RTX), a rising PayFi contender that is generating massive gains due to its growing utility, exchange listings, and investor adoption.
Bitcoin Struggles At Resistance As Post-Euphoria Phase Unfolds
Bitcoin is currently priced at $112,190, following a steep correction from its recent highs. The drop to $107,400 last week triggered what Glassnode described as “demand exhaustion,” halting the previous three-month euphoria where over 95% of BTC supply was in profit. At present, 90% of the Bitcoin supply remains in profit, but the lack of upward momentum reflects caution and capital rotation.
Short-term holders are especially vulnerable. The share of profitable short-term holder supply collapsed to just 42%, creating fear-driven selling pressure. Although the rebound to $112K has lifted that figure back above 60%, Glassnode warns that sustained bullish sentiment will only return if BTC closes above $114,300.
Technically, Bitcoin faces several challenges. Both the 20-day EMA and 100-day SMA cluster around $112,000–$115,000, forming a critical resistance zone. Traders argue that Bitcoin must convert this level into support to signal trend continuation. Until then, the market remains in a consolidation corridor historically associated with choppy price action.
Remittix Gains Traction As Traders Seek Early-Stage Multipliers
As Bitcoin consolidates, Remittix is drawing renewed attention from traders chasing high-upside opportunities in smaller-cap tokens. With Bitcoin stuck between resistance and fading momentum, RTX has emerged as one of the few projects delivering clear growth catalysts and real-world payment utility.
Remittix is doing more than just generating hype. It has already sold more than 645 million tokens, raised over $23.9 million, and is priced at $0.1030. After securing its BitMart listing when it passed $20M raised and a second listing on LBANK after surpassing $22M, RTX is now preparing for a third exchange listing in Q3. Its wallet beta is expected this September.
Why Traders Are Shifting Toward RTX
- Remittix offers crypto-to-bank payments in 30+ countries using over 40 supported cryptocurrencies, unlocking practical DeFi use cases
- A growing user base is driving demand ahead of the Q3 2025 wallet beta launch
- The platform’s Pay API opens doors for freelancers and businesses to send global crypto payments straight into bank accounts
- Exchange visibility is improving after two CEX listings, with a third listing underway to expand liquidity
- The ongoing $250,000 giveaway and community buzz have created strong social momentum and FOMO dynamics
Traders Rally to RTX for Massive ROI
Bitcoin may be the market anchor, but its current consolidation below key resistance has traders split on the near-term direction. While some await confirmation of the next leg higher, others are reallocating toward tokens with clearer upside potential. Remittix is leading that pack.
With exchange listings confirmed, wallet rollout on the horizon, and a rapidly expanding global use case, RTX is increasingly a utility-driven contender in a space that rewards real adoption. For investors hunting early-stage tokens with strong momentum and roadmap execution, Remittix is quickly becoming a frontrunner.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
