Markets likely to tumble as Solana price expected to touch $100 before March 

Leading altcoins tumble as Bitcoin faces a sell-off threat, with Solana nearing multi-month support at $120.

The last few days have been nothing short of a nightmare, with most top altcoins tumbling to many weeks’ low. In the same light, the latest Bitcoin news speculates a major reversal coming to the crypto giant, which could shake the market. A major factor raising the panic is the speculations that the US government might be selling off thousands of BTC seized from the black market, which could see the Bitcoin price hitting a multi-month low. 

Due to the market reaction to the news, crypto investors have been liquidating their positions, causing a major sell-off. A look at the Solana price projected that the coin could hit its multi-month support around $120, which could see it fall more than 54% from its all-time high of November 2024.

Here are some key factors to pay attention to from the circulating latest Bitcoin news.

Could the current Bitcoin price be overpriced?

While BTC’s $100,000 speculation is optimistic, divergent thoughts in the market believe the Bitcoin price could be overpriced and might trigger a sell-off. Fast-forward to December 2024, and BTC crossed $100,000. It rose from $52,598 in September to an ATH of $108,000 by December 2024 in a rally that saw it grow over 105% in four months.

However, since crossing the ATH in December 2024, the Bitcoin price has struggled to keep up the momentum. It fell multiple times in December, trying to climb back up and extend the fall from the second week of January to a low of $89,398. This could validate the speculation of the sell-off following the $100,000 mark, as BTC is currently trading below the 7 and 50-day Moving Average on the daily chart.

We could see a rebound on the 100-day moving average pegged at $86,166 on the daily chart, but till then, it’s all fingers crossed as we await the latest Bitcoin news from the whales.

Will the Bearish trend push SOL to $100?

The Solana Price started 2025 with a lot of energy, opening at $187 on January 1st and going on to a high of $222 on January 6th. However, despite all this optimism, SOL has been all bearish from there, falling from $222 on January 6th to $170 on January 13th, recording a drop of 23% in just 6 days.

Looking through the Solana price on daily, weekly, and monthly charts, a strong bearish indication could see SOL pushing toward $100 before March. However, with the solid community the Solana ecosystem has built for itself through the pump.fun platform, we might see a SOL recovery soon, but that is merely speculative.

RTX as a way out of the bearish shakeup

Remittix (RTX) project is a next-level crypto project that gives a smooth and easy transfer to crypto users to send fiat currency using crypto globally. With Remittix, people can instantly convert over 40 crypto assets to fiat currency and send them to banks directly across the globe. How easier can that get? With Remittix, users can experience the ease that traditional banks provide, combined with the decentralization and security of the blockchain.

Using Remittix is easy. Simply convert a crypto asset, enter the recipient’s bank details, and send after specifying the amount. There is no hidden cost or delay. 

It gets better because Remittix’s RTX token is fast gaining traction. The DeFi token is still only in the presale phase, which means users get to buy it at the best price before it goes higher. The RTX token is presently sold at $0.0207, selling 161 million of the 750 million of its presale. This means investors still have the opportunity to make over 5 times your initial investment even before the end of presale and over 5,000% when it launches.

To learn more about Remittix, visit the Remittix presale and join the Remittix community.