BTC forms pattern that leads to a huge retrace: here’s how investors are playing it

Bitcoin is once again at a critical juncture. After surging to fresh highs above $124,500 just days ago, BTC has pulled back nearly 8% and is now flashing a bearish signal that historically precedes steep corrections. The question on every trader’s mind: will Bitcoin fall below $100,000, or is this just a shakeout before another leg higher? But while whales unload Bitcoin to lock in profits, smart investors quietly rotate into a different play: Remittix (RTX) , the PayFi token tipped for explosive upside. Bitcoin price risks a pullback below $100,000 Technical analysts are watching a rising wedge breakdown unfold on the daily chart. Rising wedges are classic reversal patterns that appear after a long uptrend, and 87% of the time, they lead to a sharp retrace. Immediate support sits at $110,000–$112,000, but if that zone allows, BTC could slide toward $105,000–$108,000. A deeper test of the psychological $100,000 level remains possible by September. Bitcoin Price Daily Price Chart | Source: Captain Faibik on TradingView Measured targets from the wedge pattern even suggest downside toward $88,000, marking a potential 20–25% correction from recent highs. A double-top pattern on the weekly chart, similar to what preceded Bitcoin’s 77% collapse in 2021, adds further caution. On-chain data support the bearish tilt. Mega-whale addresses holding more than 10,000 BTC have dropped to their lowest level this year. Wallets in the 1,000–10,000 BTC range also thin out, showing that large investors are taking profits near the top. How investors are playing Bitcoin’s weakness Not everyone sees doom. Some argue that macro conditions could soften the blow. Unlike 2021, when the Fed started tightening, this cycle looks set for a 25-basis-point rate cut in September. Global money supply growth is also strong, and some models still target $132,000–$170,000 in the coming months. But for now, traders are cautious. Retail panic may be dominating headlines, but the bigger story is the current capital rotation. And a growing share of that liquidity flows toward emerging altcoins with asymmetric upside. One name keeps surfacing in whale chatrooms and trading desks: Remittix (RTX) . Why Remittix is becoming the rotation play Remittix has quickly earned the nickname “next-gen XRP.” The project solves one of crypto’s biggest hurdles: turning digital assets into fiat and sending them across borders instantly. With over 40 cryptos supported and direct-to-bank transfers in 30+ countries, it’s a payments solution with massive utility. The timing couldn’t be better. RTX just smashed through its $20 million+ presale milestone, selling 610 million tokens. Recently, Remittix confirmed its first CEX listing on BitMart, opening the door to global liquidity and a flood of new investors. For whales, the appeal is obvious: Real utility beyond speculation Flat fees and no hidden FX charges Privacy-first transfers that appear as normal bank deposits A presale entry price under $0.1 with 50x–100x upside potential Buzz amplified by a $250,000 Remittix Giveaway While Bitcoin faces the risk of retracing toward $100K, RTX offers a fresh asymmetric bet with limited downside at presale levels and explosive upside once listings go live. If you’re asking where the smart money is moving next, the answer is clear: out of Bitcoin’s wedge, into Remittix’s breakout. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway The post BTC forms pattern that leads to a huge retrace: here's how investors are playing it appeared first on Invezz