Share

cover art for CRAIG COBB: BITCOIN STILL FAILING WHERE IT MATTERS

Daily Crypto News

CRAIG COBB: BITCOIN STILL FAILING WHERE IT MATTERS

Craig’s not getting sucked in by a single green candle. Yeah, Bitcoin finally put in a strong week, up over 10%, but to him, that’s just one candle. That’s not a trend. And more importantly, it’s happening right into a level that already matters — old resistance turned support, now acting as resistance again. That same level also lines up with where the monthly trend broke. So this isn’t strength. This is a test.


Check out Craig's trading course at: https://www.thegrowmeco.com

From his perspective, nothing structurally has changed. The monthly trend is gone, and the highest timeframe he can rely on right now is the weekly — and that’s still a downtrend. Lower high, lower low. That’s the only thing that matters. Until that changes, he’s not interested in chasing upside.

Could Bitcoin push higher from here? Sure. He even says $82K or higher isn’t out of the question. But that doesn’t mean he’s buying. In his system, rallies into resistance inside a downtrend are not opportunities to get long — they’re setups for pullbacks. And that’s exactly how he’s treating this move.

Right now, Bitcoin is sitting in what he calls the “cradle zone,” where he’s built his trading career. This is where decisions get made. Either price breaks through with real momentum, or it rolls over and continues the downtrend. And until one of those happens cleanly, he’s waiting.

Short-term, he’s only seeing real opportunity on lower timeframes — quick, high-liquidity trades where you can get in and out fast. The bigger picture still isn’t clean enough to commit capital in a meaningful way. It either needs to break higher and prove it, or sell off hard and create a real opportunity.

Until then, nothing has changed. One green week doesn’t fix a broken structure.


Happy HODLing


More episodes

View all episodes

  • August 25: Bitcoin Breaks $80K, Gets Rejected, and Now the Real Test Begins

    14:43|
    Bitcoin briefly broke above $80,000, reaching roughly $81,100, before profit-taking pushed it back into the upper $70Ks. Matt explains why $80K remains an important psychological resistance level, with investors who bought higher finally getting opportunities to exit and newer buyers sitting on substantial gains. He argues that a pullback toward $75K or even the low $70Ks would still be normal, while a sustained move back below $70K would make the rally look more like another bear-market bounce. The episode also covers nearly $2 billion in Bitcoin ETF inflows last week, Coinbase launching tokenized stocks on Base, Franklin Templeton expanding tokenized money-market funds in Asia, and BitMine buying roughly $81 million of Ethereum. Matt also looks at the political pressure surrounding the CLARITY Act and GENIUS Act implementation, while warning that the Fear & Greed Index at 80 shows just how quickly sentiment has shifted from fear to extreme greed. Happy HODLing.
  • August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

    16:32|
    Bitcoin is pushing against the $80,000 barrier after one of its strongest weeks in months, driven by improving Treasury-market liquidity, nearly $2 billion in Bitcoin ETF inflows, short liquidations, and a fresh wave of FOMO. Matt explains why $80K could be difficult to break and hold as investors who bought at higher prices finally get a chance to exit, while $90K and $100K could create even larger psychological barriers. The episode also covers the CLARITY Act as a potential September catalyst, Strategy raising roughly $2 billion without buying more Bitcoin, Circle and the continued explosion of stablecoin activity, and huge weekly gains across XRP, Ethereum, Solana, Hyperliquid, and Dogecoin. With the Fear & Greed Index already at 81, Matt remains cautious and says Bitcoin needs to break $80K and hold it before the conversation moves seriously toward $90K and beyond. Happy HODLing.
  • August 21: Bitcoin Hits $77K as Liquidity Floods Back Into Crypto

    15:55|
    Bitcoin’s rally is accelerating, with BTC climbing toward $78,000 as improving global liquidity, heavy ETF buying, and another massive short squeeze drive the market higher. Matt breaks down roughly $1.6 billion in Bitcoin ETF inflows this week, $3.3 billion in liquidated shorts, and a surge in South Korean retail trading. He also looks at bullish forecasts from Bernstein and Standard Chartered, while questioning whether Bitcoin can break and hold above the psychologically important $80,000 level. The episode also covers Strategy moving back into profit on its massive Bitcoin position, South Korea pushing deeper into tokenized funds and real-world assets, Trump's continued push for the CLARITY Act, and AI use in crypto crime rising sharply. Matt remains cautious despite the sudden return of greed, arguing that the catalysts behind the rally are real, but a powerful bear-market rally still isn't necessarily the beginning of a new bull market. Happy HODLing.
  • August 20: Bitcoin Rips Above $70K as Global Liquidity and Short Liquidations Hit the Market

    15:31|
    Bitcoin finally broke out, surging above $70,000 as several catalysts hit at once. Matt looks at Trump’s White House meeting with crypto executives, Treasury moves supporting broader liquidity, and a massive short squeeze that wiped out roughly $2.7 billion in bearish positions. U.S. spot Bitcoin ETFs also brought in about $517 million, while Ethereum, XRP, Solana, Hyperliquid, and other major assets rallied even harder than Bitcoin. The episode also covers crypto stocks ripping alongside the market, continued expansion of XRP and tokenized-asset infrastructure, the CLARITY Act returning to the political conversation, and X reportedly exploring stablecoin payments. Matt remains cautiously bearish despite the rally, arguing that improving global liquidity and Treasury-market conditions are more important to watch than the White House meeting itself. Happy HODLing.
  • August 19: Ripple Raises $275 Million as the SEC Finally Moves on Reg Crypto

    06:41|
    Ripple raised $275 million to expand its U.S. clearing, prime brokerage, and financial-services business, while Metaplanet is bringing its Bitcoin treasury strategy to the U.S. through a deal involving 2,100 BTC and Nasdaq-listed Super League Enterprise. Matt also covers China rapidly expanding its digital yuan banking network and the SEC finally proposing its long-awaited Reg Crypto framework, creating new pathways for crypto companies to legally raise capital. The episode also looks at South Korea blocking Polymarket as illegal gambling, a Maya Protocol exploit that caused nearly $11 million in broader liquidity-pool losses, Bybit saying AI helped save roughly $700 million following its massive hack, and proposed accounting rules that could require stronger reserves and redemption rights for stablecoins to receive cash-equivalent treatment. Meanwhile, Bitcoin remains trapped in its six-week range near $65,000, with Matt still skeptical that the bottom is already in. Happy HODLing.
  • August 18: Wall Street Keeps Moving Into Crypto While Bitcoin Stays Stuck at $64K

    09:57|
    Bitcoin is still hovering around $64,000, but traditional finance keeps moving deeper into crypto. Matt covers Citi preparing to launch institutional Bitcoin custody, Kraken expanding U.S. stock trading across Europe, Visa searching for new stablecoin settlement partners, and Treasury beginning the rulemaking process for the GENIUS Act. The episode also looks at XRP falling below $1, renewed investment in Zcash mining and privacy, regulators reconsidering outdated market rules as tokenized securities grow, and serious trouble at BitMart as users reportedly struggle to withdraw funds and some employees remain unpaid. Meanwhile, Bitcoin managed to outperform the S&P 500 on Monday, even as the broader crypto market remains mostly stuck. Happy HODLing.
  • Bitcoin Liquidity Dries Up as Craig Waits for a Break Below the Range

    08:20|
    Craig says crypto liquidity has dried up dramatically, with Bitcoin stuck inside a month-long range between roughly $62,500 and $65,500 and only a small fraction of tracked trading pairs showing meaningful volume. He remains cautious and wants to see Bitcoin break lower before becoming more aggressive, with $59,000 as the next major area to watch if the current range fails. The episode also covers Craig’s current XRP short, potential long setups in Hyperliquid and possibly BNB, and why thin order books make slippage and execution risk much more important right now. His main message is patience: there are still profitable trades, but traders should focus only on strong trends with real liquidity rather than forcing activity in a messy market. Start your free 7-day trial of Market Intern at https://marketintern.com and subscribe to Craig’s free newsletter at https://www.thegrowmeco.com. Happy HODLing.
  • August 17: Bitcoin Stays Flat as ETF Outflows and Thin Liquidity Keep Traders Cautious

    07:51|
    Bitcoin remains stuck near $63,000 as ETF flows turn negative and thin liquidity leaves the market vulnerable to sharper moves if leveraged traders rush for the exits. Matt covers Strategy raising another $333.7 million without buying more Bitcoin, HIVE locking in a major GPU cloud contract, and tokenized stock activity surging as real-world assets continue moving on-chain. The episode also looks at the CLARITY Act’s odds collapsing to roughly 10%, Binance reportedly providing customer data to Russian authorities, Chainalysis suing over a $94.6 million ICE contract, and major customer-data breaches affecting Bits of Gold and SafePal. Matt closes by arguing that while Bitcoin’s price is flat, the infrastructure, regulation, and security risks surrounding crypto are moving quickly. Happy HODLing.
  • August 14: Bitcoin Slips Below $63K as Liquidity Dries Up

    09:53|
    Bitcoin slipped below $63,000 as weak liquidity and cautious sentiment continue weighing on the market. Matt covers MSCI considering rules that could exclude Bitcoin treasury companies like Strategy and Metaplanet from major indexes, Gemini’s continued struggles after disappointing earnings, and Crypto.com expanding into tokenized equities with exposure to roughly 1,500 U.S. stocks and funds. The episode also looks at the SEC canceling its scheduled crypto rulemaking meeting, the CFTC moving forward on crypto, AI, and prediction markets while the CLARITY Act remains stalled, and JPMorgan reportedly debanking Polymarket. Matt also discusses whether DeFi is becoming more accurately described as on-chain finance and why World Liberty Financial’s crypto ventures continue complicating the ethics debate surrounding U.S. crypto legislation. Happy HODLing.