Bitcoin price predictions are turning bearish, with investors anticipating another decline in the token’s value. Although BTC always pulls altcoins in its bearish rally, investors are naming three altcoins that will trade against the trend.
These tokens are: Solana (SOL), Hyper Liquid (HYPER) and Remittix (RTX), an emerging Payfi solution.
Bitcoin Price Prediction: Why The Future Is Bearish
As of the time of this writing, Bitcoin Price is $107,681, trading within an approximate horizontal trend channel in the medium to long term. It has broken its support level at $110,000, signalling a bearish trend in the long term.
BTC is currently at a cycle low, and EMAs on the daily chart indicate a bearish signal as it’s currently below all exponential moving averages. Bitcoin dominance is at 59.2% flashing signals that the alt season is still in full swing.
The Investors’ Top Three Picks: SOL, HYPER and Remittix
Currently, Solana is one of the most adopted and talked-about ecosystems, seeing increasing developer activity, and now hosts a couple of web3 games, DeFi, and NFTs.
While SOL is bullish for the end of that year, remember it’s an established token with a market cap of $101 billion. The best investors can achieve is moderate gains, not even a 2x return.
Hyperliquid has quietly emerged as a significant player in crypto derivative trading. As of today, it boasts a $15 billion market cap, backed by over $1 billion in trading volume
Unlike many of its peers, Hyperliquid hasn’t relied on aggressive VC funding or over-the-top incentive programs to draw attention. HYPE’s growth has been mostly organic, led by real traders who value performance over hype. However, for investors seeking gains that can flip a thousand dollars into millions, Remittix is a better pick than HYPE.
Remittix (RTX), The Best Altcoin To Buy Now
Remittix (RTX) is a PayFi solution built on the Ethereum blockchain to facilitate cross-border crypto-to-fiat payment. Users can directly send cryptocurrencies deposited as fiat to recipients’ bank accounts in over 30 countries.
Project Highlights:
- The smart contract is fully CertiK audited, and liquidity and team tokens are locked for a period of 3 years.
- Users can send cryptocurrency directly to bank accounts in over 30 countries.
- Users can earn up to 20% referral rewards by sharing the project.
Buy RTX now!
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway