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

Page: https://stenobird.com/podcast/daily-crypto-news-6024634/craig-cobb-bitcoin-is-drifting-lower-but-the-best-trading-opportunities-may-be-ahead
Text version: https://stenobird.com/podcast/daily-crypto-news-6024634/craig-cobb-bitcoin-is-drifting-lower-but-the-best-trading-opportunities-may-be-ahead.md
Podcast: [Daily Crypto News](https://stenobird.com/podcast/daily-crypto-news-6024634)
Published: 2026-08-03T19:00:00+00:00
Episode link: https://shows.acast.com/today-in-web-3/episodes/6a70abc16af4dfc9181737a9
Audio file: https://sphinx.acast.com/p/open/s/63e26a946b77a10011ea5094/e/6a70abc16af4dfc9181737a9/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/daily-crypto-news-6024634/episodes/craig-cobb-bitcoin-is-drifting-lower-but-the-best-trading-opportunities-may-be-ahead
Duration seconds: 490

## Resource

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.

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## Transcript

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