Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bitcoin Price Analysis: Is BTC Ready for a New All-Time High Above $108K?

Bitcoin’s $90K support region has demonstrated its strength, sparking a notable bullish surge. The price is now nearing its all-time high of $108K, where a breakout could ignite a short liquidation cascade, potentially pushing the asset into uncharted territory. Technical Analysis By Shayan The Daily Chart The $90K support zone has proven to be a robust floor, holding the price steady in recent months and showcasing strong buyer confidence. This resurgence of buying interest has driven Bitcoin above the channel’s middle trendline, positioning it close to the ATH at $108K. That peak level represents a substantial resistance region with concentrated supply and heightened selling pressure. As Bitcoin approaches this critical threshold, short-term volatility is expected due to the ongoing battle between buyers and sellers. If bullish momentum continues, reclaiming the ATH at $108K could trigger a short liquidation cascade, likely resulting in another surge as market participants rush to cover positions. The 4-Hour Chart The lower timeframe highlights the importance of the $90K support, which has consistently halted downward momentum in recent months. This has fueled an impulsive bullish move, driving Bitcoin toward the $108K resistance zone. This region not only represents Bitcoin’s ATH but also aligns with the ascending channel’s middle boundary, further reinforcing it as a critical juncture. A successful breakout and consolidation above this level could pave the way for a sustained rally toward new highs. The upcoming price action at the $108K resistance region will be crucial in determining Bitcoin’s next trend, with heightened volatility expected in the short term. On-chain Analysis By Shayan The realized price of UTXO age bands, particularly for the 1-3 month cohort, offers critical insights into short-term holding behavior and broader market sentiment. This metric represents the average acquisition price for recent buyers, acting as a dynamic support or resistance line that reflects market confidence. When Bitcoin is above this short-term cohort’s realized price, it signals growing bullish momentum. This indicates that new buyers are confident in holding their positions, even at elevated price levels. Conversely, a drop below this threshold suggests a heightened risk of sell-offs, as these participants face unrealized losses. Recently, the realized price for the 1-3 month UTXO cohort at the $90K region has acted as a crucial support level, pushing the asset up toward its ATH. Bitcoin holding above this level signals a bullish sentiment in the market, with the potential for the price to continue its upward trajectory. However, if the cryptocurrency breaks below this dynamic support line, market sentiment could shift to a fearful state, increasing the likelihood of a distribution phase. The post Bitcoin Price Analysis: Is BTC Ready for a New All-Time High Above $108K? appeared first on CryptoPotato . CoinOtag

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Remittix (RTX) vs Cardano (ADA): Which Crypto Could Transform $100 Into $10,000 By 2025?

Cardano (ADA) has entered January on a stronger note after underperforming in 2024. Following months of low trading levels, the past month has seen a notable price rally. Despite Cardano`s recent upward trend bringing hope, investors are increasingly interested in Remittix (RTX), an emerging leader in the PayFi sector. By targeting inefficiencies in cross-border payments, Remittix is gaining traction in its presale phase. So, how are these two projects shaping up for the months ahead? Cardano (ADA) Experiences a 21.59% Increase Over 7 Days Cardano (ADA) is beginning to reap the benefits of its intense development work in 2024. The team focused heavily on the Hydra scaling solution to enhance the network`s transaction processing capabilities. This was followed by the Mithril protocol`s implementation in late 2024, simplifying the process of running lightweight nodes and enhancing network decentralization and accessibility. Despite these efforts, Cardano`s price didn`t immediately reflect these advancements. However, with a 21.59% rise in the last week, these efforts seem to be paying off now. While other competitors experienced more dramatic growth in 2024, Cardano (ADA) is positioned with a technological advantage for 2025. Remittix: Seizing a $190 Trillion Market Potential As Cardano strives to sustain its momentum, Remittix (RTX) is emerging as a transformative player in the $190 trillion cross-border payments industry. By merging blockchain transparency with traditional fiat systems, Remittix is offering efficient, cost-effective solutions for users worldwide. Transforming International Money Transfers Remittix (RTX) allows users to convert over 40 cryptocurrencies into fiat currencies and transfer money directly to bank accounts around the world. Unlike traditional systems burdened by high fees and sluggish processing, Remittix offers flat-rate pricing and fast transactions, often completed in less than 24 hours. This transparency and affordability distinguish Remittix from older systems, attracting both crypto enthusiasts and mainstream users who seek a dependable, economical option for international transactions. Effortless Business Integration For businesses, Remittix (RTX) offers significant potential to enhance financial operations. Merchant accounts allow conversion from crypto to fiat in over 30 fiat currencies and more than 50 cryptocurrency pairs. This robust feature set enables businesses to extend their reach globally without the traditional banking system`s risks and costs. Remittix eliminates these barriers, aiding businesses in competing more effectively in a globalized market. Remittix Presale Exceeds $3.5 Million At the core of the Remittix ecosystem lies the RTX token, serving various roles such as in staking, rewards, and governance. Significantly, it offers investors an opportunity to benefit from Remittix`s growth. Currently priced at $0.0217 during its presale, the token has amassed $3.3 million in investments. Analysts predict an impressive 800% price increase during the presale, with further growth anticipated post-launch. As Remittix tackles longstanding issues in the cross-border payments field, it is set to disrupt the PayFi market and establish its presence in 2025. Explore the future of PayFi with Remittix by visiting their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. CoinOtag