Craig Cobb: Bitcoin Is Still Stuck

Craig Cobb: Bitcoin Is Still Stuck

Start your free 7-day trial of Market Intern at https://marketintern.com and see how Craig identifies high-probability trading setups before they develop.


Craig Cobb explains why he's still sitting largely in cash despite Bitcoin posting a strong week. While many traders are calling the bottom, Craig believes Bitcoin remains trapped between $59,000 support and $65,000 resistance, with the broader bear market still intact. Instead of forcing trades on Bitcoin, he's focusing on cleaner opportunities in assets like XRP and other altcoins that continue producing strong trends on the lower timeframes.


Craig also reviews the top 10 cryptocurrencies, discusses why Cardano and Solana showed relative strength last week, and explains why the U.S. Dollar Index remains one of the most important charts for predicting the next move in Bitcoin and other risk assets. His advice remains simple: preserve capital, trade the trends that exist, and don't mistake one good week for the start of a new bull market.


Happy Hodling, Everyone.

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Episoder(797)

July 3: Stablecoins Keep Winning, Tokenization Expands, and the CBDC Debate Isn't Over

July 3: Stablecoins Keep Winning, Tokenization Expands, and the CBDC Debate Isn't Over

Bitcoin ETFs finally snapped their 10-day outflow streak, bringing in more than $221 million in new inflows, but Matt explains why one positive day isn't enough to erase June's record $4.5 billion in ...

3 Jul 14min

July 2: Stablecoins Invade Banking, Crypto Crime Explodes, and Europe Is Already Rewriting the Rules

July 2: Stablecoins Invade Banking, Crypto Crime Explodes, and Europe Is Already Rewriting the Rules

Traditional finance and crypto continue moving closer together as Standard Chartered and Circle launch institutional USDC minting and redemption through the bank's platform, while Anchorage Digital ex...

2 Jul 12min

July 1: Citi Cuts Bitcoin, Europe's Crypto Rules Arrive, and Why Stablecoins Changed Everything

July 1: Citi Cuts Bitcoin, Europe's Crypto Rules Arrive, and Why Stablecoins Changed Everything

Wall Street is becoming less optimistic on crypto as Citi cuts its 12-month Bitcoin price target from $112,000 to $82,000, while Bitcoin ETFs suffer their worst month on record with $4.5 billion in ou...

1 Jul 13min

June 30: Strategy May Sell Bitcoin, ARK Buys the Dip, and Why the Pain Isn't Over

June 30: Strategy May Sell Bitcoin, ARK Buys the Dip, and Why the Pain Isn't Over

Crypto sentiment remains brutal as Strategy gives itself authorization to sell up to $1.25 billion in Bitcoin, raising concerns that even the possibility of future sales could pressure an already weak...

30 Jun 18min

Craig Cobb: Sit on Your Hands Until the Market Gives You an Edge

Craig Cobb: Sit on Your Hands Until the Market Gives You an Edge

Craig Cobb says Bitcoin and the broader crypto market are still bearish, but too messy to trade aggressively right now. He explains why last week’s $65,000 Bitcoin rejection offered a clean short setu...

29 Jun 8min

June 29: Strategy's New Plan & Europe's Crypto Crackdown

June 29: Strategy's New Plan & Europe's Crypto Crackdown

Strategy unveiled a new capital framework that includes a U.S. dollar reserve policy, higher preferred-share dividends, up to $2 billion in buybacks, and the ability to monetize its Bitcoin holdings i...

29 Jun 8min

June 27: Bitcoin Stabilizes & Apple Sends a Warning

June 27: Bitcoin Stabilizes & Apple Sends a Warning

Bitcoin has recovered above $60,000 after briefly breaking below that key level, but Matt explains why the broader market still looks fragile. He breaks down Strategy losing its long-standing Bitcoin ...

27 Jun 16min

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