Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin nears rare weekly death cross amid mixed signals from technicals and institutional buying.

Technical Signals
28 Jun 2026
Blockonomi
View Source
Neutral
pluang ai news

Bitcoin is approaching a rare weekly death cross, a bearish technical pattern that has historically preceded significant price declines. This signal, which appears when a long-term moving average drops below a shorter-term one, suggests potential further downside aligned with Bitcoin's four-year market cycle. Meanwhile, Michael Saylor hinted that his company, Strategy, may continue buying Bitcoin despite its market value falling below the value of its Bitcoin holdings, raising questions about future funding. Investors are closely watching both technical charts and institutional buying activity for clues on Bitcoin's next major price move.

More News

AI tech boom may surpass the internet bubble in scale and energy use, warns ex-CIA analyst.

AI tech boom may surpass the internet bubble in scale and energy use, warns ex-CIA analyst.

Jim Rickards, a former CIA financial advisor, highlights that the current AI industry is consuming more capital and energy than the 1990s internet boom. With nearly $5 trillion expected to be spent on AI data centers in the U.S. alone, the AI buildou...

Market News
Neutral
2 hours ago
Report warns stablecoins reintroduce risks that threaten financial stability despite Bitcoin's decentralization gains.

Report warns stablecoins reintroduce risks that threaten financial stability despite Bitcoin's decentralization gains.

A 2026 academic report by CEPR and University of Turin experts highlights that while Bitcoin's decentralization offers real economic value, stablecoins pose significant risks by reintroducing centralized intermediaries. The report explains that both ...

Market News
Neutral
4 hours ago
Hyper Foundation commits $10M grants to support USDH migration and wind-down by July deadline

Hyper Foundation commits $10M grants to support USDH migration and wind-down by July deadline

Hyper Foundation has launched a $10 million grant program to assist projects affected by the USDH stablecoin sunset. The funding supports builders migrating from USDH to USDC or winding down USDH-dependent services, with grants based on deployment co...

Protocol Fundamentals
Bullish
4 hours ago
Prediction markets see 76% chance Bitcoin hits $50K before $100K in 2026, signaling bearish outlook.

Prediction markets see 76% chance Bitcoin hits $50K before $100K in 2026, signaling bearish outlook.

Prediction markets on platforms like Kalshi and Polymarket show a strong bearish sentiment for Bitcoin in 2026, with traders assigning a 76% probability that Bitcoin will hit $50,000 before reaching $100,000. These markets, with over $75 million in c...

Market News
Bearish
4 hours ago
Chainlink's smart collateral technology chosen for DTCC's financial infrastructure trial

Chainlink's smart collateral technology chosen for DTCC's financial infrastructure trial

Chainlink's smart collateral technology has been selected for a trial by the Depository Trust & Clearing Corporation (DTCC), a key player in financial market infrastructure. This trial aims to explore the use of advanced blockchain-based collateral m...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App