Frog-themed meme coin PEPE has confirmed a death cross on its four-hour chart, a bearish technical indicator triggered when the 50-period simple moving average (SMA) crosses below the 200-period SMA. This development signals potential downside momentum, especially as PEPE continues to trade beneath key moving averages on both the four-hour and daily charts. Despite this, […]
Category: News
Bitcoin (BTC) faced renewed market pressure as macroeconomic concerns overshadowed optimism from a brief tariff pause between the U.S. and China. U.S. markets opened with a pullback following a strong rally, as investor sentiment quickly shifted to the broader economic risks posed by escalating trade tensions with China. That caution spilled over into the crypto […]
Bloomberg senior commodity strategist Mike McGlone has reiterated his ultra-bearish Bitcoin price forecast, claiming a plunge to $10,000 is a simple reversion to the mean. McGlone argues that Bitcoin has been riding the coattails of the U.S. stock markets record-breaking rally and lacks the stability often associated with safe-haven assets. Despite Bitcoin reaching an all-time […]