Compass Investments

Crypto vs. Dollar

📌 Bitcoin Rejected Again – Is $58,000 the Next Stop? – Price approached the area but did not establish a daily close above either level.

Aug 3, 2026 — #Bitcoin was rejected again after testing overhead resistance and failed to secure a daily close above either level. The pullback puts $58,000 in focus as the next likely stop; traders will watch daily closes for confirmation. Bitcoin

$BTC

Aug 3, 2026 — #Bitcoin was rejected again after testing overhead resistance and failed to secure a daily close above either level. The pullback puts $58,000 in focus as the next likely stop; traders will watch daily closes for confirmation.

#Macro Insights# #CryptoMarkets

Bitcoin

Bitcoin

$62,900.81

BTC -0.32%

Ethereum

Ethereum

$1,674.70

ETH 0.87%

Binance Coin

Binance Coin

$602.54

BNB 1.26%

XRP

XRP

$1.17

XRP 2.48%

Dogecoin

Dogecoin

$0.09

DOGE 0.96%

Cardano

Cardano

$0.17

ADA 3.37%

Solana

Solana

$66.55

SOL 1.48%