Oct 5: Craig Cobb Sees a Critical Breakout Level

Bitcoin is pushing toward $87,000 as ETF inflows turn positive again and markets sharply reduce expectations for another immediate Fed rate hike following a weaker September jobs report. Craig Cobb says Bitcoin is approaching a critical technical level around $87,374, the high of the recently closed three-month candle. A sustained break above that level would reinforce the improving weekly trend and could begin establishing a cleaner daily uptrend, while Ethereum still needs to clear roughly $2,800 and much of the broader market remains in consolidation.

Kraken's parent company is building 24/7 institutional dollar settlement, while a proposed tokenized-securities venue involving OKX and the NYSE's parent company would bring round-the-clock trading closer to U.S. stocks. Ethereum is simultaneously dealing with unusually large staking entry and exit queues, Zcash is testing a faster NU7 upgrade, Ethereum's Glamsterdam upgrade heads to testnet, and Blast is shutting down its Layer 2 after costs exceeded revenue. For Bitcoin, the immediate question is whether the recent progression from $80K to $82K support, then $85K, can now extend through the roughly $87.4K resistance level.

Happy HODLing

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Episoder(865)

Oct 2: Stablecoins Move Deeper Into Banking and Zero-Knowledge Proofs Get Interesting

Bitcoin is back above $86,000 as oil slips below $100 and Treasury yields pull back slightly, but the real test is whether $85,000 can become a new floor rather than another temporary pump. Spot Bitco...

2 Okt 12min

Oct 1: Bitcoin Holds $84K

Bitcoin remains around $84,000 even as the 10-year Treasury yield pushes above 5.3%, its highest level since 2002. August PCE inflation came in cooler than expected, while Bitcoin ETFs recorded roughl...

1 Okt 17min

Sept 30: Bitcoin Holds $83K Ahead of PCE

Bitcoin remains stuck around $83,700 as Treasury yields stay elevated and markets wait for August PCE inflation data. Spot Bitcoin ETFs nevertheless recorded another $66.2 million in net inflows, exte...

30 Sep 12min

Sept 29: Bitcoin Holds $84K Despite $107 Oil

Bitcoin is holding around $84,000 despite Brent crude trading around $106 to $107, Treasury yields above 5% across much of the curve and significant market expectations for another Fed rate hike. Stra...

29 Sep 12min

Sept 28: Bitcoin Is Stuck Between $82K and $87K

Bitcoin is trading around $83,300 as leverage continues to come out of the market, leaving the $82,000 to $87,000 range as the key structure to watch. Solana ETFs, meanwhile, recorded their strongest ...

28 Sep 16min

Sept 25: Bitcoin Holds $84

Bitcoin is holding around $84,000 despite a difficult macro backdrop, with the 10-year Treasury yield around 5.2%, oil above $100 and markets pricing additional Fed tightening. Spot Bitcoin ETFs never...

25 Sep 9min

Sept 24: Bitcoin Falls Back Toward $82K

Bitcoin has fallen back to roughly $83,500 after failing to hold $85,000, putting the $80,000 to $82,000 support area back in focus. The macro backdrop has become less favorable as Treasury yields ris...

24 Sep 17min