Bitcoin Eyes $140K Rally Amidst Meme Coin Crashes and Altcoin Struggles
Bitcoin Eyes $140K Rally Amidst Meme Coin Crashes and Altcoin Struggles
The cryptocurrency market is currently experiencing a stark contrast in fortunes across various assets. Bitcoin is attracting significant bullish sentiment, with a former Goldman Sachs executive forecasting an explosive rally to $140,000 based on aligning liquidity signals. Conversely, the meme coin sector has seen dramatic losses, as TRUMP and MELANIA tokens plummeted by up to 99%, leading to a reported $4.3 billion loss for retail investors. Meanwhile, altcoins like Pi Coin are facing headwinds, with the token struggling to recover after a failed 60% breakout attempt and failing to sustain recent gains.
Bitcoin Eyes $140,000 Rally Following Macro Investor's Forecast
According to former Goldman Sachs executive and macro investor Raoul Pal, signals are beginning to align in a way that historically precedes explosive upside moves. This conviction leads him to forecast Bitcoin repricing to $140,000 far sooner than the market expects, primarily driven by global liquidity dynamics. Pal suggests the answer depends less on market sentiment and more on these underlying liquidity shifts.
TRUMP and MELANIA Meme Coins Plummet, Costing Investors Billions
In a sharp downturn for the meme coin market, President Donald Trump and First Lady Melania Trump's official cryptocurrency tokens have plummeted by a staggering 99%. This significant collapse has left retail investors with an estimated $4.3 billion in losses, highlighting the volatile nature of certain speculative digital assets.
Pi Coin Price Struggles After Failed 60% Breakout Attempt
The Pi Coin price is currently struggling to recover after a recent breakout attempt collapsed. The token is trading near $0.16, having failed to hold gains above the $0.19 level, which it reached during a bullish flag breakout attempt on February 17. That particular breakout had projected a rally of nearly 60%, but the upward movement quickly stalled, leaving the token in a precarious position.