Craig lays it out pretty clean: Bitcoin is sitting at a make-or-break level around $74,000, and what happens here likely dictates the next real move. That level used to be major resistance before the last breakout, and now we’re coming back to test it from above. If it holds and we get continuation, you could see a push toward $80K and potentially higher highs. If it fails, we’re likely heading right back into that $65K–$74K range and possibly lower. Even with a decent monthly bounce, Craig isn’t calling this a confirmed bull shift. The monthly trend is still broken, and the weekly structure hasn’t convincingly flipped. His base case is that this is still a downtrend with a potential pullback rally inside it, not a full reversal.

Across the rest of the market, nothing is really stepping up to change that narrative. Ethereum, Cardano, Solana, XRP all look heavy or sideways, with no strong leadership. Tron is one of the few outliers still trending well and actually offering clean setups, but broadly speaking, the market is just following Bitcoin. That’s the key point. Bitcoin is doing the heavy lifting, and everything else is waiting on it. So for now, it’s a waiting game at a critical level. Either this turns into strength and continuation, or it confirms weakness and rolls over again. Craig’s stance is simple: watch the level, let the market prove it, and don’t get ahead of the structure.

Hosted on Acast. See acast.com/privacy for more information.