Bitcoin Nears $105,000 as Dollar Weakens, Whales Load Up

Bitcoin is currently on the cusp of a significant milestone, with its price hovering around $105,000 as the U.S. dollar weakens. This shift in the dollar's strength has sparked renewed interest in the cryptocurrency market, with analysts pointing to bullish chart patterns and increasing institutional investment as key indicators of a potential new all-time high (ATH).

Technical traders are closely monitoring key Fibonacci retracement levels, particularly after Bitcoin formed a higher low above the 0.786 zone. This movement suggests that buyers are regaining confidence in the market. According to crypto analyst TitaniumXBTC, the short-term upside targets are set at $106,061 and $109,507, with the real action potentially coming if Bitcoin pushes toward $119,000—a level many see as the breakout trigger.

Behind the scenes, there are additional signs of market activity. 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 positive, with ETF inflows, halving dynamics, and tightening supply all supporting the idea that Bitcoin’s next macro move could be to the upside. Price predictions for 2025 are floating between $120,000 and $200,000, while long-range targets from ARK Invest even flirt with the $1 million mark by 2030.

With the U.S. 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.

While Bitcoin draws headlines with its march toward $105,000, 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.