July 27: Bitcoin Stalls at $65,000 as the Market Turns Mixed

Craig sees a mixed and largely directionless crypto market, with Bitcoin repeatedly struggling to move decisively above $65,000. After roughly three weeks of minimal progress, the weekly chart raises the possibility that Bitcoin is forming a lower high before another move down. Craig is staying cautious and would rather wait for a confirmed breakout or a clean rollover than force trades in a market with weak momentum and declining volume. He also points to exchange shutdowns as further evidence that trading activity has dried up and says a fast drop toward $50,000 could create a healthier reset and better buying opportunities. For now, he is completely flat, with NEAR presenting the clearest potential short setup. 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.