Bitcoin Flashes Bullish Signals, Inch Closer to Breakout

Bitcoin (BTC) is flashing strong bullish signals again, with analysts suggesting the king of crypto may be gearing up for its next major move.

Bitcoin is flashing strong bullish signals again, with analysts suggesting the king of crypto may be gearing up for its next major move. According to Rose Premium Signals, BTC’s current market setup closely resembles previous structures that saw the crypto erupt out of a descending channel, leading to substantial rallies.

If this pattern plays out as expected, then Bitcoin could finally be on track to hit six figures in the near term—a narrative that continues to excite long-term holders and institutional watchers alike. However, confirmation is still pending. Analysts widely agree that BTC needs to post a consistent weekly close above the descending channel to officially reverse the current downtrend.

Currently, BTC is trading at a price of $97,561, having dropped by 0.2% over the last 24 hours. It is also encountering a key resistance level at $97,190. A breakout and close above this mark could unlock a much stronger uptrend, potentially leading to price targets at $118,476, then $136,753, and eventually $161,132, based on structural projections.

But while Bitcoin’s chart looks increasingly bullish, not all major assets are following the same rhythm. For instance, Solana is showing signs of hesitation, with its momentum cooling and volume thinning. This divergence in behavior is exactly why some traders are turning their attention to newer, high-potential tokens like Remittix, which is already making waves in the market.

Solana Bollinger Bands Tighten As Momentum Stalls

Solana is back on traders’ radar, but the signals it’s flashing aren’t as clear-cut as Bitcoin’s recent bullish momentum. According to respected chart analyst Ali, SOL’s Bollinger Bands on the 4-hour chart are tightening—a setup that often hints at an incoming surge in volatility.

Historically, this kind of squeeze has preceded large price movements, making it a setup traders are keeping a close eye on. However, the Bollinger Bands, which consist of a middle moving average and two outer bands, converging on the price, also signifies unusually low volatility. When this happens, it usually means a big move is coming.

Solana has been moving within a narrow range, currently trading at $150.14, showing a slight increase of 0.2% over the last 24 hours.

This lack of direction is putting pressure on traders to make a move, especially as the Bollinger Bands setup usually signals a pending breakout or breakdown. However, despite the technical setup, there are no clear signs yet to suggest whether the breakout will push higher or take a bearish turn.

This uncertainty is evident in the lukewarm reactions to both bullish and bearish calls on Solana. Chart analysis provides suggestions, but the confirmation isn’t there yet, making traders hesitant to jump in.

Compared to Bitcoin’s more decisive price action, Solana’s chart is walking a tightrope. The setup is there, but the certainty isn’t. That uncertainty is one of the reasons why many traders are diverting their attention toward emerging projects like Remittix, which is quickly gaining attention for its real-world payment utility and explosiveness.

For May, SOL could break either way—but RTX is already breaking into the conversation for top gainer of the month.

Remittix Clocks In Millions In Final Stages Of Presale

As Bitcoin attempts to break higher and Solana keeps traders guessing, a new contender is emerging and making a silent case for top gainer this May—Remittix.

With over 531 million RTX tokens scooped up and more than $14.7 million raised in presale, it's clear that whales and early investors are sensing a unique opportunity with this project.

But what exactly is Remittix offering that has sparked such interest, especially in an oversaturated market like crypto?

The answer lies in real-world utility and a fast-moving presale that's clocked up impressive figures. Rather than hype, Remittix is tapping into a pressing need: streamlining the fractured $190 trillion global payments market.

Instead of vague promises, Remittix is delivering a working product and a use case from day one. At its core, Remittix offers a seamless service for converting crypto into over 30 fiat currencies and sending it directly to bank accounts anywhere in the world—all within a single platform.

Transactions are swift, with an average processing time of 10 minutes, complete transparency throughout the process, and a flat 1% fee that covers everything, including foreign exchange.

This contrasts sharply with the high fees and opaque procedures posed by traditional cross-border payment services, which freelancers, international businesses, and families relying on remittances usually encounter.

But Remittix goes beyond P2P transfer, aiming to revolutionize B2B payments with its Pay API