March 10: S&P BREAKS SUPPORT — BUT BITCOIN STILL FAILS RESISTANCE

Craig Cobb says the S&P 500 may be confirming the pullback he has been warning about for weeks, with key support now broken and futures already down roughly 4–5 percent from recent highs, a move he believes could drag Bitcoin lower since it continues to trade more like a liquidity-driven tech asset than “digital gold.” Despite Bitcoin briefly printing a bullish daily candle while equities fell, Craig says the broader structure remains weak after failing its first major resistance test above $70,000, and the market is still stuck in a consolidation phase that often precedes another leg down in bear cycles. He notes Bitcoin nearly closed seven straight red weeks and believes a move into the $50,000 range is possible before a stronger long-term buying opportunity appears. Until then, he remains in cash, trading selectively with smaller targets while watching consolidation across most major crypto assets. Learn more from Craig at www.thegrowmeco.com. Happy Hodling. Hosted on Acast. See acast.com/privacy for more information.