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In a shocking update today, US president Donald Trump posted that United States of America has bombde three Iranian nuclear facilities. The crypto market is crashing including large cap coin like Bitcoin and Ethereum both down by more than 5% in last on week. US Bombs Iranian Nuclear sites, Crypto Market Tumbles The ongoing conflict
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Pi Network price has fallen by 48% in one month, but the Pi Coin community remains optimistic that a surge in utility and institutional adoption from top banks will fuel a recovery. So far, Pi Coin has been adopted as a means of payment by multiple businesses. This has fuelled speculation that major banks on Wall Street will adopt Pi Network. If this happens, what will happen to PI price? Let’s explore.
Pi Network price has struggled under bearish headwinds in recent weeks. Factors such as token unlocks and concerns about transparency have impacted investor confidence and caused a lack of fresh interest from buyers.
However, Pi Network has also expanded its presence in the US after being named an affiliate member of Stanford. Pi Coin also entered the trillion-dollar US real estate market after being adopted by Florida-based Zito Realty.
These instances have fuelled speculation that the Pi Network token will receive the attention of leading US banks, including JPMorgan and Bank of America. If these banks adopt Pi Network to integrate blockchain in services like payments and remittances, Pi Coin price will surge.
Grok3 also estimates that if top banks start using Pi Network, the price will soar to as high as $30. It stated,
“A moderate estimate of $10–$30 is plausible if banks integrate PI for significant use cases, aligning with some analyst predictions.”
This bullish Pi Network price prediction is achievable as the project is quickly gaining adoption across the Web3 industry after the recent partnership with Banxa and integration with Chainlink Data Streams.
Meanwhile, popular analyst Dr Altcoin recently stated that one of the main factors that will prevent Pi Coin price from falling is institutional adoption. However, he also opined that the blockchain would have to undergo upgrades for this to happen.
The one-hour Pi Network price chart shows that the token is defending support at $0.60. Looking at past performance, this support level is crucial to the performance of the token. If Pi Coin can make a decisive close above this support level, it may record a relief rally. Conversely, if it breaches this support, it will cause a downswing.
If Pi Coin extends its rally above this support level, it faces the next resistance at $0.64. Moving above this level will place the next target price for the token at $0.73.
Meanwhile, the MACD line is rising, despite remaining in the negative region. This suggests that the downtrend is weakening. The MACD line needs to cross above the zero line to confirm that the trend has changed to bullish.
Considering the speculation that the Pi Network token may receive adoption from top US banks, bullish momentum is surging around it, which may spark a rebound. At the same time, the one-hour Pi Coin chart indicates the altcoin may be poised for a recovery after the recent dip.
The post How High Will Pi Coin Price Go If Major Banks Start Using Pi Network? appeared first on CoinGape.
Cardano (ADA) has recently shown a modest recovery, riding the wave of broader market bullishness, which has brought its price back above $0.70.
This uptick has sparked renewed optimism among investors, and if the bullish momentum continues, Cardano could see a breakout above $0.80, potentially marking a significant shift in its price trajectory.
Cardano’s technical indicators have recently shown signs of a potential turnaround, especially after a Death Cross formation. Sixteen days ago, the 200-day Exponential Moving Average (EMA) crossed below the 50-day EMA, signaling a bearish trend. This is known as a Death Cross, often seen as a negative signal in technical analysis.
However, the recent recovery above $0.70 and sustained bullish momentum could see ADA rise above $0.80. Should this reversal happen before April begins, it would mark the shortest Death Cross in Cardano’s history. It would be a sharp contrast to the previous 56-day span from March to May 2020.
On the macro level, Cardano’s bullish momentum is supported by a variety of technical indicators, especially the Relative Strength Index (RSI). Currently above the neutral line at 50.0, the RSI is at a 7-week high, signaling growing investor confidence and increasing buying pressure. The RSI’s upward momentum highlights the market’s positive outlook on ADA, suggesting that Cardano is gaining traction after a period of relative stagnation.
With a strong RSI reading, ADA appears to be benefiting from a resurgence of investor interest, which may help sustain the altcoin’s price gains in the short term. If the bullish momentum continues, Cardano could potentially see significant price increases, pushing it toward new resistance levels and offering an opportunity for profitable trades.
Cardano’s price is currently trading at $0.70, marking a 13% increase in the last 24 hours. If this bullish trend continues, ADA will likely encounter resistance around $0.77. Historically, the $0.70 to $0.77 range has been a consolidation zone. A successful breach of $0.77 would signal a further move towards $0.85.
A breach of $0.77 would reinforce Cardano’s upward momentum, potentially driving its price even higher. Furthermore, a breakout above $0.80 would suggest that Cardano is ready to resume its longer-term bullish trend.
However, the bullish outlook will be invalidated if Cardano fails to maintain its current price levels. If ADA falls back below $0.70 and slips to $0.63, it could erase the recent gains and lead to further declines. In this case, the positive momentum would be considered short-lived, and the bearish trend could be reinforced.
The post Cardano to Witness the Shortest Death Cross in History as Price Crosses $0.70 appeared first on BeInCrypto.
Bitcoin price rallied 10% as Trump hinted at a tariff rollback, boosting risk appetite. However, market uncertainty persists, as analyst spots patterns similar to 2019’s US trade war impact.
Bitcoin (BTC) volatility persisted on Wednesday as traders reacted to fresh developments in U.S. trade policy.
Since President Donald Trump announced the creation of a Crypto Strategic Reserve on Sunday, March 2, BTC has traded within 10% ranges for three consecutive days.
After surging 11% following the strategic reserve announcement, Bitcoin’s rally was abruptly halted when Trump confirmed a 25% import tariff on Canada and Mexico, triggering a sharp 15% sell-off on Monday. However, the market took another dramatic turn on Wednesday.
Late Tuesday, U.S. Secretary of Commerce Howard Lutnick stated that President Trump will “probably” reach a compromise with Canada and Mexico in the coming days. Traders responded swiftly, piling into buy orders on optimism that an anticipated tariff rollback could ease economic uncertainty, bolstering risk assets like Bitcoin.
Within 12 hours of Lutnick’s statement, BTC surged 10%, rallying from its weekly low of $81,400 recorded on Tuesday to reclaim levels above $91,500 by mid-day in U.S. trading. If bullish momentum holds, a close above $90,000 could reinforce a broader breakout attempt, setting the stage for Bitcoin to target new highs.
On Wednesday, BTC price reclaimed territories above the $91,500 level as markets reacted to speculations that US President Donald Trump could ease tariffs imposed on Canada and Mexico.
Bitcoin analyst Lance Roberts published charts showing how US Trade policy has impacted financial markets in recent weeks.
“Trade War 1 vs Trade War 2.
So far, the #market is tracing out Trump’s first trade war fairly closely. While no two markets are ever the same, it is worth noting that even though markets declined, they also rallied. The point here is to ignore media headlines and focus on your portfolio.”– Lance Roberts, March 5, 2025
Diving into the chart he posted, Lance Roberts’ chart draws a striking parallel between the S&P 500’s performance during the 2019 trade war and its 2025 trajectory, illustrating how historical market reactions to U.S. trade tensions could be playing out again.
In 2019, the market initially rallied before experiencing volatility tied to major trade-related developments.
One key moment highlighted in the chart is when former President Trump called off 25% tariffs on Mexico, triggering a strong rally.
Later, news of Trump-Xi trade deal talks fueled further gains, reinforcing the notion of a “Trump put”—the market’s expectation that
Trump would eventually ease trade tensions to support equities. This de facto put acted as a backstop, preventing prolonged downturns despite interim sell-offs. So far in 2025, the S&P 500 has followed a similar script, with a strong start before recent weakness, aligning with the early phases of the 2019 pattern.
This suggests that while the market is experiencing turbulence amid trade concerns, a potential bullish pivot could occur if Trump signals a shift in policy, just as it did in 2019. If history rhymes, Bitcoin could benefit as a risk asset.
However, the bearish case remains compelling. Unlike in 2019, today’s market is contending with structurally higher interest rates, which could dampen any relief rallies. Additionally, the Federal Reserve’s policy stance is less accommodative, meaning liquidity injections that cushioned past downturns may not materialize.
Ultimately, whether the 2019 pattern continues to play out in full will depend on the next moves from policymakers.
If trade tensions escalate further without policy relief and risk appetite deteriorates, BTC’s recent gains may prove short-lived, exposing the market to deeper corrections.
Conversely, if Trump eases the tariffs this week, both S&P 500 equities and Bitcoin price could be poised for another leg higher. In this case BTC price could hit new all-time highs near $120,000 once US Treasury begins buying BTC and other assets included in the crypto strategic reserve bucket.
Technical indicators on the 12-hour Bitcoin price forecast chart below suggest a close above the $90,000 could confirm a bullish shift in market momentum, especially if Trump officially rolls back the tariffs as widely anticipated.
BTC price has rebounded sharply, gaining 11.46% over the past 24 hours, signaling a resurgence in buyer confidence. The bullish momentum coincides with Bitcoin breaking out of the lower Keltner Channel (KC) boundary, historically a precursor to sustained rallies.
A confirmed move past $90,000 could see the upper KC boundary at $97,487 tested, with $100,000 becoming a psychological magnet if bullish momentum persists.
However, the Parabolic SAR remains positioned above price action, indicating that downward pressure has yet to be fully negated.
A failure to hold above $88,000 support could see a retracement toward the mid-KC line at $80,210, where buyers may attempt to reestablish control.
Meanwhile, the Bull-Bear Power (BBP) has flipped positive after a prolonged period in the red, reinforcing short-term bullish sentiment.
If BBP sustains its uptrend, further upside pressure could validate the bullish thesis. On the contrary, a sudden reversal in BBP, coupled with rejection at $90,000, might expose Bitcoin to another wave of selling.
The post Bitcoin Price Forecast: Analyst Lance Roberts Spots USA Trade War Signals blocking $120K BTC rally appeared first on CoinGape.