Bitcoin Stays Above Support Levels -- Market Talk
Dow Jones2026/07/29 14:261026 ET - Bitcoin is higher is cautious trading ahead of the Federal Reserve's interest rate decision. There is the growing sentiment that calls for bitcoin to retest recent lows may be overstated. "Short positions have repeatedly tried, and failed, to break the $63K-$62K zone, leaving the bearish tilt shallow rather than decisive," says analysts with CryptoQuant in a note. Other analysts have called for bitcoin to sink back under the $60K mark and back to recent lows around $57K. Bitcoin is up 0.6% to $64,237 in morning trade, according to LSEG data. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
July 29, 2026 10:26 ET (14:26 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Novo Resources publishes updated corporate presentation
Sector Update: Financial Stocks Rise Late Afternoon
Planet Fitness Growth Could Be Pressured Amid Rising High Volume, Low Price Competition, Deutsche Bank Says
XRP ETF Volume Surges to $5.81B as Institutional Demand Meets CLARITY Act & Fed Shock
Crypto prices
More
