Bitcoin Price Prediction Faces Bond-Market Challenge Amid Citi's $113,000 Forecast

The Bitcoin price prediction is a topic of interest as it reaches an eight-month high above $87,000 in late September. The 50-day moving average has crossed above the 200-day average, and spot ETFs attracted about $2.4 billion during one week. However, a rise in Treasury yields made it harder to sustain the breakout.

Citi raised its 12-month Bitcoin forecast to $113,000, citing activity, macro conditions, and renewed ETF flows. However, the forecast coexists with a short-term bond-market challenge: the U.S. 10-year yield touched roughly 5.34% on October 1.

Remittix, a project that aims to make digital value more useful for people who need fiat in a bank account, is currently priced at $0.23, with a planned final presale tier of $0.46. The project's PayFi app is being tested by the first 1,000 users, who are assessing whether the journey is easier than selling on an exchange and arranging a separate withdrawal.

The customer problem is straightforward: a business receives crypto, but an overseas contractor needs local bank money. Remittix's PayFi product aims to connect supported assets to fiat payouts through compatible banking routes across more than 30 target currencies.