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Bitcoin (BTC) has reclaimed the $100K after declining for four consecutive days. A significant price surge could be on the horizon for Bitcoin (BTC), with market participants projecting potential gains to $122K by February amid strong technical indicators and favorable market conditions. More optimistic projections suggest that in the coming months of 2025, BTC’s price could reach $200K, nearly doubling from its current levels.
Similarly, Toncoin’s price action reveals a local resistance trendline dominating the market. The altcoin has formed a falling wedge pattern at the converging support trendline. Meanwhile, Remittix, a rapidly growing crypto project with over $9.5 million in funding, promises significant gains. The project also opens up massive opportunities for businesses seeking to embrace crypto payments, allowing them to incorporate Remittix’s Pay API feature to simplify transactions.
Toncoin Price Analysis: The Bulls Target $6.73
Toncoin has been on a downturn amid the broader market crash. However, its 4-hour chart reveals a local resistance trendline dominating the market. With the converging support trendline, Toncoin crypto formed a falling wedge pattern. Despite the bearish dominance, TON’s price has held gains above its crucial support zone at $4.77, with a second reversal from this support zone in the past two days.
This hints at a potential double-bottom reversal, supporting bullish sentiment. Moreover, the 4-hour relative strength index has also revealed a positive divergence between the two bottoms. With the neckline near the 23.6% Fibonacci level near the $5 mark, the altcoin could potentially have a breakout rally. Currently, the token is on the track to give two pattern breakouts: double bottom and falling wedge.
This highlights its massive upside potential. Using the Fibonacci levels, this upside breakout rally could push the price of Toncoin towards the 78.6% Fibonacci level at $5.72. Any additional bullish momentum could send the TON price to reach the 1.618% Fibonacci level at $6.73. Despite the highly bullish sentiment, the on-chain metrics reveal a massive incoming supply wave. Based on the Santiment feed, 240,000 Toncoin have been transferred to exchanges over the past week, potentially signaling increased selling pressure.
How High Can Bitcoin (BTC) Go?
On January 24, Bitcoin had been trading near its all-time high (ATH) but slipped into a consolidation phase established in November, ranging near between $106K and support around $92K. Analysts’ predictions for value change in 2025 remain optimistic. Markus Thielen, head of research at 10x Research, shared a BTC price prediction that reveals that it could successfully retest its wedge breakout after bouncing from its $98K to above $107K.
Since the approval of spot Bitcoin ETFs, the flagship crypto has demonstrated a pattern of advancing in $16K to $18K rise. Bitcoin has shown remarkable resilience, particularly in comparison to traditional stock markets. Its strong recovery following the recent market crash has reinforced confidence in its upward trajectory. Notably, Bitcoin could extend its bullish sentiment beyond the immediate price target. Market participants reveal that if the current pattern holds, the BTC price could trade significantly above the $122K level.
It will reach this level without establishing new support. Technical indicators align with this projection, as Bitcoin has formed a cup-and-handle pattern on its weekly time frame chart, supporting the upward trajectory. Additionally, the dominance of institutional inflows to ETFs is likely to support BTC’s performance; it could see it reach $200K by the end of 2025.
Remittix Unlocks New Opportunities With Over 219% Price Rally
The Remittix (RTX) project is gearing up to launch a revolutionary PayFi platform. This project will solve the long-standing challenge of transferring digital assets into fiat accounts, making Remittix a hub of activity for many businesses and crypto users worldwide.
As a DeFi crypto project, Remittix will offer maximum anonymity, allowing users to send crypto assets to fiat accounts with concealed identities and no hidden transaction charges. Moreover, as the economy continues to evolve, businesses are looking for ways to offer innovative payment solutions that meet the needs of global customers. One of Remittix’s standout features is its ability to provide enterprises with advanced solutions, simplify transactions, and lower costs.
The Remittix Pay API is a feature that allows businesses to accept crypto payments as a reliable and viable payment method. This innovation isn’t just a trend; it’s a game-changer for companies seeking to remain ahead of the market curve in a fast-paced, evolving financial landscape. Blockchain technology is inherently more secure than traditional financial systems because it uses cryptographic encryption and a decentralized ledger to verify transactions.
This significant level of security helps reduce the possibility of chargebacks and identity theft. By integrating Remmittix Pay API, businesses can offer customers a trusted yet secure payment method. These features have already led to over 219% rally in the price of RTX, which stands at $0.0479.
Remittix Offers Over 219% ROI to Early Investors
Toncoin aims to surpass a critical support level of $4.77 as the Bitcoin price movement reclaimed the $100,000 level while striving for more gains. Meanwhile, Remittix continues to stand out with a recent rally that has seen the RTX token record an over 219% surge. This means early investors are already enjoying an impressive ROI. Moreover, businesses looking to remain competitive in the global market must embrace the Remittix Pay API.
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