March 10: S&P BREAKS SUPPORT — BUT BITCOIN STILL FAILS RESISTANCE

March 10: S&P BREAKS SUPPORT — BUT BITCOIN STILL FAILS RESISTANCE

Author: Matt Diemer March 10, 2026 Duration: 7:16
Craig Cobb says the S&P 500 may be confirming the pullback he has been warning about for weeks, with key support now broken and futures already down roughly 4–5 percent from recent highs, a move he believes could drag Bitcoin lower since it continues to trade more like a liquidity-driven tech asset than “digital gold.” Despite Bitcoin briefly printing a bullish daily candle while equities fell, Craig says the broader structure remains weak after failing its first major resistance test above $70,000, and the market is still stuck in a consolidation phase that often precedes another leg down in bear cycles. He notes Bitcoin nearly closed seven straight red weeks and believes a move into the $50,000 range is possible before a stronger long-term buying opportunity appears. Until then, he remains in cash, trading selectively with smaller targets while watching consolidation across most major crypto assets. Learn more from Craig at www.thegrowmeco.com. Happy Hodling.

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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: 100

Daily Crypto News
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