Craig Cobb: Bitcoin Is Drifting Lower, But the Best Trading Opportunities May Be Ahead

Craig Cobb: Bitcoin Is Drifting Lower, But the Best Trading Opportunities May Be Ahead

Author: Matt Diemer August 3, 2026 Duration: 8:10

Craig says Bitcoin is still grinding lower, but not with enough momentum to create consistently strong trading conditions. The market remains trapped between roughly $59,000 and $65,000, with most major cryptocurrencies either drifting sideways or producing only weak trends. Cardano is one of the clearer long setups after gaining more than 14% last week, while Hyperliquid continues to stand out on the short side with a cleaner daily downtrend. 


Craig remains mostly in cash and would welcome a more decisive move lower because it would create better trading opportunities and more attractive long-term buying levels. For now, he is watching for confirmation rather than forcing positions. Start your free 7-day trial of Market Intern at https://marketintern.com and subscribe to Craig’s free Tuesday newsletter at https://www.thegrowmeco.com. 


Happy Hodling, Everyone.


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Matt Diemer brings you the essential updates from the fast-moving world of digital assets with Daily Crypto News. Each episode is crafted to fit into your morning routine or commute, delivering a concise yet comprehensive overview in about twenty minutes. You'll hear clear explanations of major market movements, breaking regulatory developments, and significant technological shifts, all framed with a focus on practical insight for anyone following this space. The tone is straightforward and informed, cutting through the hype to highlight what actually matters for investors and the curious alike. By focusing on brevity and clarity, this podcast serves as an efficient daily briefing, ensuring you stay informed without getting overwhelmed by the constant noise. Tune in for a no-nonsense summary that connects the dots between market events, business implications, and the underlying technology, making the complex landscape of cryptocurrency more accessible one day at a time.
Author: Language: English Episodes: 50

Daily Crypto News
Podcast Episodes
Craig's Biggest Trade This Week Is Staying in Cash [not-audio_url] [/not-audio_url]

Duration: 5:51
Craig starts the week largely in cash after last week's CPI and PPI volatility produced a massive Bitcoin whipsaw capable of stopping out traders on both sides of the market. Bitcoin remains consolidated roughly between…
Sept 8: Bitcoin Prints a Golden Cross, but $83K Still Has to Break [not-audio_url] [/not-audio_url]

Duration: 16:02
Podcast SummaryBitcoin has printed a golden cross and ETF demand remains strong, but Matt still considers the market sideways until Bitcoin either clears roughly $82,000 to $83,000 or loses $75,000. Oil approaching $100,…
Sept 4: Bitcoin Broke $80K, But I’m Still Waiting for $82,800 [not-audio_url] [/not-audio_url]

Duration: 10:56
Bitcoin briefly reached roughly $81,900 after spot Bitcoin ETFs attracted approximately $731 million in a single day, Treasury yields eased, and Fed Governor Christopher Waller suggested rates could potentially remain un…
Sept 3: Bitcoin’s Road to $90K Runs Through $82,700 [not-audio_url] [/not-audio_url]

Duration: 8:54
itcoin is trading around $78K, and the price structure is much healthier than it was earlier this summer. The immediate support is roughly $75,674, the critical trend support is around $71,781-$72K, and the long-term 200…