October saw several traders lock in profits after several months of steady gains. However, analysts are now cautious. They warn that Bitcoin (BTC) could face a 20% correction before the next major altcoin boom. While short-term sentiment looks cautious, experts believe this pullback could fuel capital rotation into high-utility projects.
Bitcoin Price Prediction Signals Pre Altcoin Boom Correction
The BTC price today sits around $110,000, with analysts warning that a deeper correction could be on the horizon before the next major rally. Despite a supportive rate cut by the U.S. Federal Reserve, Bitcoin price action remains sluggish, ending October down 3.7% — its weakest “Uptober” since 2018.
ETF outflows totaling over $670 million last week show institutions reducing exposure, dampening bullish momentum. Many experts believe the current weakness could precede a healthy reset before an altcoin boom, with projects poised to benefit from renewed retail capital.
Technical indicators show tightening Bollinger Bands, signaling an explosive move is imminent.
Analysts warn that a decline to the levels of around $95,000–$100,000 would be consistent with a healthy 20% correction in bullish markets. In the meantime, long-term traders are still hopeful about the broader cycle.
They believe that Bitcoin price prediction targets in the $150,000 range will stay intact once the pullback is over.
Remittix Leads Altcoin Buzz As Bitcoin Pullback Looms
While Bitcoin prepares for what analysts warn could be a 20% pullback before the next altcoin boom, investors are already identifying the projects set to benefit most. The PayFi project is redefining digital payments by making it possible to send crypto directly to any bank account in seconds.
Unlike XRP and Stellar, which focus on crypto-to-crypto transfers, Remittix simplifies real-world spending through instant fiat deposits. Experts believe this gives RTX a massive advantage heading into the next market rotation, where utility-based tokens could lead the charge.
- •BitMart confirmed as the first CEX listing for RTX, with LBank joining soon after.
- •The Remittix Wallet beta is live, allowing users to test crypto-to-bank payments.
- •A 15% USDT Referral Program rewards users daily through the Remittix dashboard.
- •The $250,000 Remittix Giveaway continues to attract global participation.
Now verified by CertiK and ranked #1 for pre-launch tokens, Remittix is proving that true adoption, not speculation, drives long-term growth.