BTC price showed renewed volatility in early October, trading around $112,000–$113,000 as market participants watched macro headlines on inflation, central bank policy and institutional activity. Some traders are assessing whether BTC could retest recent highs by month-end, though short-term moves remain uncertain.
Meanwhile, a DeFi project has been drawing attention during an ongoing token sale. If Bitcoin clears key technical levels and interest in Remittix remains elevated, it could add to broader risk-on sentiment in parts of the crypto market.
BTC Price: Poised Between Breakout & Pullback
BTC price is navigating a tight range. It recently bounced between support just above $112,000 and resistance near $116,000. The past week showed a dip amid roughly $1.5 billion in liquidations, and buyers stepped in once price dipped near $113,000. Some market watchers say that if BTC can’t reclaim $116,000 soon, it could revisit lower levels such as $108,000 or $106,000, although outcomes depend on broader market conditions.
On-chain and market data cited by some analysts suggests larger holders have been net buyers at times, which can contribute to short bursts of upside. If momentum continues, BTC could challenge higher resistance zones above $118,000 and psychological levels such as $120,000, though these levels do not guarantee a move in either direction.
Analysts are also monitoring liquidity and leverage in derivatives markets, where sudden moves can trigger liquidations in both directions. As a result, near-term volatility remains a key risk factor.
Remittix: A DeFi Project Drawing Attention
Remittix has been promoted online as a potential altcoin to watch in 2025. According to the project, its token sale has raised more than $26.9 million with over 673 million tokens sold. Some social media posts have compared it to established payments-focused tokens, although such comparisons are opinion-based and do not imply similar scale or risk.
The project says its wallet is in beta and that exchange listings, including BitMart (and LBank), have been announced. These statements should be treated as project-reported until independently verified, and listing outcomes can change.
In its materials, Remittix describes itself as focused on payments-related use cases and cross-chain functionality, and says it has completed an audit. Readers should note that audits vary in scope and do not eliminate smart-contract or market risks.
Why Remittix Is Gaining Traction
- Global reach (project claim): The team says it enables sending crypto to bank accounts across 30+ countries
- Payments positioning: The project describes the product as payments-oriented rather than purely speculative
- Fees (project claim): The team says the design aims to reduce transaction overhead
- Cross-chain compatibility (project claim): The project says it is intended to work across multiple blockchains
- Funding raised (project-reported): The team reports raising more than $26.8 million during the token sale
As with many early-stage crypto projects, interest can be driven by a mix of product expectations and marketing, and participation involves significant risk.
Giveaway & Referral Promotion: What the Project Says
The Remittix team is also advertising marketing promotions, including a $250,000 giveaway and a referral program that it says offers rewards to participants. Terms and eligibility are set by the project and may change.
The project also claims that more than 40,000 participants have acquired RTX, and it references visibility on third-party pages such as CertiK and engagement on a Gleam campaign page. Such figures are typically self-reported or platform-reported and should not be read as an indicator of future performance.
Project links (for reference):
Website: https://remittix.io
Socials: https://linktr.ee/remittix
Giveaway page: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. Information about the projects token sale and promotions is based on publicly available project materials and may change.
