March 16: Craig Cobb: Bitcoin’s 10% Weekly Bounce

March 16: Craig Cobb: Bitcoin’s 10% Weekly Bounce

Author: Matt Diemer March 16, 2026 Duration: 4:05

Craig Cobb says Bitcoin finally printed a strong weekly candle, closing up more than 10 percent after several weeks of weakness, but he cautions that one bullish week does not change the broader trend. 


www.thegrowmeco.com

Price is currently sitting at a major historical resistance level that previously acted as resistance, then support, and now resistance again after the monthly uptrend broke. While Bitcoin could still push higher toward the low $80,000 range if momentum builds, Craig says he continues to follow the weekly trend, which still shows a lower high and lower low structure. 

From his perspective, this current move may simply be a pullback within a broader weekly downtrend rather than the start of a new bull run. He is watching closely to see whether Bitcoin breaks convincingly above resistance or rolls over again, with his bias leaning toward a pullback unless the market proves otherwise. 

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.
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