With the declining dollar strength, Bitcoin is approaching the market at around $105K as a newfound hope in the crypto market. Analysts point to bullish chart setups and rising institutional flows as key signals that a new all-time high could be within reach. With ETF momentum still strong and on-chain activity heating up, many are now asking the big question: Is Bitcoin ready to break out again?

Traders Watch Key Fibonacci Levels for Bitcoin Breakout

Bitcoin is once again stealing the spotlight as the dollar stumbles and market bulls start circling. After a stretch of unpredictable price swings, BTC is quietly shaping a compelling recovery pattern that could flip the current downtrend on its head.

At around $104,474, Bitcoin hasn’t exactly exploded but its structure suggests something big might be brewing.

Technical traders are zeroed in on key Fibonacci retracement levels, particularly after BTC formed a higher low above the 0.786 zone. According to crypto analyst TitaniumXBTC, this move signals that buyers are regaining confidence.

The short-term upside targets now sit at $106,061 and $109,507, but the real action could come if BTC pushes toward $119,000—a level many see as the breakout trigger.

Whale Activity Ramps Up After Tether Mints $1 Billion

Behind the scenes, the signs are just as intriguing. Whale Alert flagged a fresh $1 billion USDT mint by Tether on Ethereum, with $225 million swiftly making its way to Bitfinex. This kind of stablecoin movement often precedes market acceleration, as large players load up to buy in volume.

Broader sentiment is also turning. ETF inflows, halving dynamics and tightening supply all support the idea that BTC’s next macro move could be to the upside. Price predictions for 2025 are floating between $120K and $200K, while long-range targets from ARK Invest even flirt with the $1 million mark by 2030.

With the US dollar showing signs of weakening and risk appetite returning to the crypto space, Bitcoin could be gearing up for a new all-time high sooner than expected. The market may not be roaring yet, but the setup is beginning to look too strong to ignore.

Remittix Gains Ground As Crypto Payments Go Global

While Bitcoin draws headlines with its march toward $105K, a different kind of crypto story is quietly unfolding with Remittix. This Ethereum-based payment token is building real-world momentum by simplifying crypto-to-cash settlements across 30+ fiat currencies.

With flat fees, instant transfers and live pilots already rolled out in Africa and Asia, Remittix is doing what many coins only promise. Its focus on practical payment use cases has analysts comparing it to an early-stage XRP only leaner, faster and more focused.

As attention stays locked on Bitcoin’s climb, some investors are starting to eye Remittix as a serious long-term bet with actual infrastructure already in play.

Discover the future of PayFi with Remittix here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix