Pi Coin Price Forecast: Recovery Unlikely Amid Growing Bearishness

Unlike other altcoins, Pi Coin has exhibited distinct price behavior, diverging from Bitcoin’s movements. Its correlation with BTC has weakened to 0.12, indicating its independent trajectory. This divergence, combined with a bearish market sentiment, raises concerns about waning investor confidence. 🤔 📈 Technical indicators further paint a concerning picture, suggesting volatility is on the horizon.