Bitcoin continues to dominate crypto headlines, with the latest BTC price prediction suggesting a possible climb toward $110K before encountering significant resistance. Profit-taking in the middle of the week triggered the decline to 117,200, but buyers entered the market at important support levels and avoided further correction.

Traders are increasingly looking to Remittix (RTX) as a hedge, attracted to its real-world utility and growing adoption as a secure alternative for diversifying crypto portfolios. The upcoming beta wallet launch and CEX listing reveal are drawing both retail and institutional attention.

Bitcoin Faces Key Levels as Traders Eye BTC Price Prediction

After a sharp 5% drop to $117,200, Bitcoin rebounded to around $119,350 by Friday’s European session. The BTC price prediction for this week remains mildly positive, as the 20-day EMA, and buy-back activity keep underlying support. Even with the correction, the week is roughly flat and that’s indicative of the fact that investors are pretty confident in the long-term trend of Bitcoin.

The technical picture is nuanced. A break of the four-hour market structure near $118,000 could indicate either a new short-term downtrend or a stop-hunt scenario allowing smart money to re-enter at better prices.

The key pivot points include the weekly opening at $119,000, with resistance at the four-hour 20 EMA around $119,700. A failure to hold above the four-hour 50 EMA at $118,700 would signal a shift toward bearish control, potentially delaying the anticipated BTC price prediction targets.

Why Traders Are Shifting Focus to Remittix

While Bitcoin charts dominate daily headlines, Remittix is emerging as a safe, high-utility alternative. Currently priced at $0.0944, Remittix has raised $19.6 million and sold over 601 million tokens, positioning it as one of the fastest-growing altcoins of 2025.

Investors are attracted to RTX’s real-world application in cross-border payments and crypto-to-fiat transfers, offering stability when traditional markets show volatility.

Remittix Momentum Highlights

40% token bonus available for early backers.
Wallet beta launch set for Q3 2025.
Cross-border payments in 30+ countries and 40+ cryptos are supported.
Deflationary tokenomics to drive long-term value.
CEX listing name to be revealed at the $20M milestone.

These features make Remittix more than a speculative play. Traders increasingly view it as a hedge against Bitcoin volatility, especially as the market anticipates whether the next BTC price prediction milestones will materialize.

How BTC and Remittix Could Interact

The evolving Bitcoin market presents both risk and opportunity. A break above $119,700 could extend BTC gains, while a fall below $118,700 may pressure traders to seek safer alternatives. This dynamic explains the surge in RTX interest as investors look for crypto with real utility and upward potential.

Remittix’s infrastructure, combined with the upcoming wallet launch and token incentives, positions it as a leading candidate for the next wave of smart money inflows.

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

The post BTC Price Prediction: Analysts See $110K Before New Highs, With Traders Turning to RTX as a Hedge appeared first on Blockonomi.

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Filed under: Bitcoin - @ August 16, 2025 3:11 pm