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)
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