Episode
Craig Cobb: Bitcoin Is Drifting Lower, But the Best Trading Opportunities May Be Ahead
- Podcast
- Daily Crypto News
- Published
- Aug 3, 2026
- Duration seconds
- 490
- Processing state
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Summary
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. Hosted on Acast. See acast.com/privacy for more information.