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Cryptocurrency News Articles

The Bitcoin price is regaining strength after weeks of consolidation

Apr 21, 2025 at 11:11 pm

The Bitcoin price is regaining strength after weeks of consolidation, setting its sights on a retest of the $92,000 mark. Whales have begun re-entering the market

The Bitcoin price is regaining strength after weeks of consolidation

Bitcoin price is inching closer to the upper range of its recent consolidation, setting the stage for a retest of $92,000. As BTC traders brace for potential breakouts, three cryptos are showing strength today.

Whales are showing renewed interest in Solana, while an emerging viral token—Remittix—is quickly gaining momentum with its unique solution to a multi-billion dollar problem.

As Q2 continues, there’s a shift in tone as traders prepare for the next leg of the market.

Bitcoin Prepares To Reclaim Lost Ground In April Surge

Bitcoin price is inching closer to the $86,000 resistance, with current price action at $84,231.81 suggesting a retest of the upper range could be on the horizon. Since topping out in January, BTC has cooled off by 21%, weighed down by trade tensions and cautious global sentiment.

But that cooling period might be fading. Early April brought a shift in tone, and Bitcoin price has since found footing, tightening its grip between $84K and $86K as it eyes a decisive breakout.

According to market analyst Daan Crypto Trades, three layers of resistance now shape the path ahead. The first lies along a descending trendline that has capped BTC’s recovery efforts in recent weeks.

A clean breakout above that barrier would inject new confidence into the market. Beyond that, the real technical hurdles are the 200-day Simple Moving Average and the 200-day Exponential Moving Average. Pushing through both would not only confirm bullish momentum—it could flip market sentiment in a meaningful way.

Still, the real pressure point remains above. The $90,000–$91,000 region, once a stronghold of support, now acts as a psychological ceiling. Reclaiming that territory would shift BTC back into its former uptrend and potentially ignite a fresh rally toward the $92,000 mark.

Whale Activity Signals Strong Confidence In Solana’s Trajectory

Solana is showing signs of a strong recovery, with on-chain activity heating up and market whales displaying renewed interest in the token.

As reported by crypto analytics firm Trade Desk, there has been a surge in staking activity for SOL, indicating rising confidence in the blockchain’s long-term potential.

Moreover, fresh capital has flowed into the market, positioning SOL as one of the most closely observed tokens in the current crypto cycle.

Despite a slight 1.49% dip today, SOL is trading at $136.84, showcasing an 8% gain over the past month.

Having broken out of a descending channel, Solana is now approaching the crucial $138 to $145 resistance range. This zone, often a sticking point in past price action, is where bulls are attempting to flip market sentiment completely.

If SOL manages to hold above this range and convert it into support, it could pave the way for a fresh surge toward $180. The trading setup shows a classic pattern of higher lows combined with growing volume, which suggests that confidence is building among both retail and institutional participants.

The key technical level to watch will be a close above $145 on the daily chart. Such a move would not only mark a technical reversal but could also signal the next leg up in what has become a broader bullish phase for altcoins.

As whales increase their exposure and Solana’s fundamentals continue to strengthen, the coming weeks may be pivotal for the token’s price performance.

Meanwhile, attention is also turning to a new viral crypto presale that has analysts speculating whether this under-$0.10 token could be Solana’s next rival in terms of growth potential.

Investors Rush In as Remittix Solves Remittance Friction

Remittix (RTX) is emerging as one of the most talked-about projects of 2025—not because it rides hype, but because it solves a very real and very expensive problem. Cross-border payments have long been a nightmare for millions without access to traditional banking, and the numbers are staggering.

Over 1.4 billion people remain unbanked globally. Most rely on outdated systems like Western Union, paying steep fees and enduring multi-day delays to move money across borders.

Remittix is rewriting that script. Through its PayFi model, the project connects crypto wallets to fiat banking rails, making it possible for someone to receive money from across the world and cash it out locally within 24 hours. It strips out the hidden charges and processing friction that plague the legacy system. And it’s doing this while preserving the privacy and autonomy crypto users care about.

So far, the response has been overwhelmingly positive. With over 527 million tokens sold and more than $14.4 million raised in its presale, the early momentum around Remittix is drawing serious

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