Bitcoin and crypto in short-term pullback as stocks dip

Jul 23, 2026

Bitcoin and crypto are cooling off in the short term after the US stock market had a down day, but the bigger uptrend is still seen as intact.

  • Stocks fell for a day, and crypto usually follows stocks down in the short term.
  • Bitcoin is holding around $60,000 support but keeps stalling near $67,000 resistance.
  • A likely small dip could hit fresh liquidity levels just below the current price before any bounce.
  • Ethereum is flashing a possible bearish divergence, which could bring more weakness or sideways chop for days.
  • Longer-term charts still show bullish setups for Bitcoin, XRP, Solana, and Chainlink, so this is framed as just a pause.

Outlook: A steady or bouncing stock market on Friday could spark a weekend crypto rebound, but more stock weakness likely means a few more days of cooling off.

## Bitcoin Levels

  • **Bias:** Bullish longer-term, weak/cooling in the short term
  • **Support:** $60,000 (major); $64.8K, $64.2K, $63,000 on shorter time frames
  • **Resistance:** $66.1Kโ€“$67,000
  • **Targets:** Upside target just above $67,000
  • **Liquidity zones below (likely dip targets):** $64.3Kโ€“$64.5K, $63.5Kโ€“$63.7K, $62.3Kโ€“$62.4K
  • **Liquidity above:** $67,000โ€“$67.4K

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