In this video, we break down Bitcoin on the 4hr & 15m chart using Elliott Wave Theory. You’ll discover both bullish and bearish scenarios, plus the critical price levels and targets to watch. Video by Koenz Trading.
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As of today, July 30, 2026, Bitcoin (BTC) is trading at $64,011.75 (€56,056.82), reflecting flat to slightly bearish sideways momentum following the U.S. Federal Reserve's recent monetary policy decision. The global cryptocurrency market capitalization sits at approximately $2.16 trillion.
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Bitcoin Insights Today
-Macro Headwinds: As noted by KuCoin Market Report, BTC trading in a low-volume range of $63,500–$64,500, indicating a short-term weak recovery phase with limited directional momentum.
-Fed Rate Stance: The Federal Open Market Committee decided to freeze rates, which experts view with mixed reactions regarding upcoming liquidity constraints heading toward the September policy meeting.
-Support Levels: Analysts emphasize that Bitcoin continues to defend the crucial $60,000–$64,000 multi-week structural support floor despite summer consolidation.
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