Bitcoin is the crypto market’s top player, and this is a fact that is proven through its market and current position. But, beyond being the crypto asset with the largest market cap, the Bitcoin price movement has also been a major driver in the market bull or bear season. When BTC moves up, the market becomes confident, and others follow. However, this is also the case when the BTC price starts falling. The Bitcoin price rallied in September last year, setting new highs leading to the new ATH of $109k earlier this year.
Similarly, the movement of the Ethereum price also boosts market confidence whenever it moves up or down sharply. As a result, the recent drop in BTC and Ethereum prices has seen other crypto assets take a nosedive. However, crypto analysts and investment experts believe these new lows could greatly support whales buying the dip. Hence, the prediction for Bitcoin is that it could rebound towards $125,000 in the next few weeks, and the price of Ethereum is predicted to rebound towards $4,000.
However, the crypto market whales are now loading up on Remittix, a new crypto asset they believe could get a bigger breakout in the correction. Here is the full gist of this new crypto token and the new Bitcoin price prediction.
Why Bitcoin Continues to be the Digital Gold
The financial market can be tricky for those without an adequate understanding of the landscape. This is primarily because it is easy to invest in the right asset at the wrong time or the wrong asset at any time. However, Bitcoin remains a profitable investment for those who can take their time with it.
The Bitcoin price prediction early last year speculated that the coin would cross $100k. However, despite lots of drama, it eventually crossed $100k in December. This continuous success of the Bitcoin price has made analysts speculate a new price prediction of upward of a million dollars in the next few years. However, in the near term, the current range shows it is at a support level from which it could rally to $125k in the next few weeks.
Why Ethereum $4k Might be Closer Than Ever
Ethereum‘s last ATH was set in 2021, when the price hit $4,821. However, it has struggled under this price for the last three years. However, the recent rally on the Ethereum monthly chart appears to be keeping up with a perfect uptrend. The multiple bounces away from the 50 SMA on the Ethereum price chart suggest it might be closer to crossing $4k soon and towards a new ATH.
The Whale Effect on The Remittix New Crypto Token
The Remittix payment ecosystem has launched its new crypto token, the $RTX coin, which is getting significant attention across investor communities. This is due to its high utility and projected acceptance when it finally hits the market in the coming weeks. While the Remittix new crypto token is still in presale, investors have already been catching a glimpse of how much success this new token brings as it continues its presale profit yield.
The $RTX token is set to be the powerhouse of the crypto payment industry, with a high return that analysts believe could be up to 500x. More than 12,000 accounts are currently holding the new crypto token, which has raised over $11.2M during the presale over the last few weeks.
Analysts believe the Remittix ($RTX) price could explode more than 100x in the first few weeks after it enters exchanges. This is why whales are betting on this new crypto wonder. It is projected to give a higher ROI than the Ethereum price, hitting $4,000 or even the Bitcoin price prediction of $125,000 from its current price.
Take advantage of the Remittix new crypto token at presale, which sells at $0.0539. Check the links below for more about the presale.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
