Goldman Sachs Flags 35% Recession Risk — What This Means For Crypto
Crypto markets edged lower Monday following a stark warning from Goldman Sachs, which raised its 12-month US recession probability to 35%, citing rising tariffs, weakening growth, and deteriorating sentiment. The reassessment follows the firm’s second upward revision in March to its 2025 US tariff expectations, signaling an increasingly fraught macroeconomic environment with direct implications for…
Pundit Gives Dogecoin Price 30-40% Chance Of Crash To $0.165 As RSI Enters Oversold Levels
A recent Dogecoin analysis on TradingView hasinto deeper support territory. Dogecoin RSI Dips Below 10 On 4-Hour Chart To Possibly Extend Decline The Relative Strength Index (RSI) is a technical analysis indicator used to measure an asset’s momentum. When above 70, the asset is considered overbought, meaning it might be due for a price correction…
Coinbase Stocks Slide Over 30% This Quarter, Matching Post-FTX Collapse Lows
Shares of Coinbase (COIN), the largest crypto exchange in the US, have faced significant declines during the first quarter (Q1) of the year, primarily due to escalating concerns about the US economy and its impact on digital assets. Coinbase And Others Face Increased Volatility According to Bloomberg, Coinbase’s stock has dropped more than 30% since…
Warning Signs Emerge: Analysts Say Bitcoin’s Recent Rise May Have Been a Mirage
After showing signs of recovery last week, Bitcoin appears to have lost its upward momentum once again. The cryptocurrency was closing in on the $90,000 psychological level but has since reversed direction, falling by 6.4% over the past week to hover around $82,000 at the time of writing. This decline has placed renewed attention on…
Bitcoin Whales Accumulate as Short-Term Holders Capitulate—What This Mean for BTC
Bitcoin has continued to show weakness in price movement, with limited upside momentum over the past several weeks. The cryptocurrency has declined by 22.3% in the last month alone, bringing its price down to $83,191 at the time of writing. The drop reflects ongoing uncertainty in the broader crypto market, as investors are struggling with…
Bitcoin Price Battles Key Hurdles—Is a Breakout Still Possible?
Bitcoin price started another decline below the $83,500 zone. BTC is now consolidating and might struggle to recover above the $83,850 zone. Bitcoin started a fresh decline below the $83,200 support zone. The price is trading below $83,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Ethereum Price Faces a Tough Test—Can It Clear the Hurdle?
Ethereum price started another decline and traded below the $1,850 level. ETH is now consolidating and facing key hurdles near the $1,850 level. Ethereum struggled to continue higher above the $1,980 resistance level. The price is trading below $1,860 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line…
Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio
Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC. This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. Interestingly, this latest acquisition marks the largest in terms…
XRP Bulls Fight Back—Is a Major Move Coming?
XRP price started a fresh decline below the $2.080 zone. The price is now recovering some losses and might face hurdles near the $2.150 level. XRP price started a fresh decline after it failed to clear the $2.20 resistance zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There is…
Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?
A popular market analyst with X username Satoshi Flipper has predicted that Bitcoin could experience a full market rebound after breaking out from a falling wedge pattern. The premier cryptocurrency rose to above $88,000 in this past trading week before experiencing a sudden crash on Friday driven by macroeconomic pressures. Bitcoin’s Falling Wedge Breakout Sparks…