Bitcoin Eyes $90K as Remittix Prepares for RTX Token Debut
Bitcoin has reclaimed its highest price level in roughly eight months, trading near $85,000 after its September advance. The move strengthens the case for a possible run at $90,000, but first, Bitcoin must recover the ground it lost after that peak.
The demand for exchange-traded funds (ETFs) provides an encouraging backdrop for Bitcoin's price prediction. Institutional interest has been strong, with several significant inflow sessions coinciding with the rally. However, whether buyers can turn this interest into a sustained move above resistance remains to be seen.
Remittix is another project to watch, as it prepares for its RTX token debut on November 24. The company has raised over $32 million and is developing a crypto-to-bank payments plan. Its trading venue and mobile wallet are already operational, giving buyers a product story to follow while Bitcoin works towards its next price level.