The Nasdaq continues to run, but #Bitcoin falls down. Why? The Coldcard hardware wallet drain of $38M $BTC has hit the markets today. Overall, the structure remains intact, it's still, barely, holding above the 21-Day MA and 50-Day MA. If this doesn't hold, there's one support level left: $60,000-61,000 and that's where we need to find buyers otherwise new lows are imminent. However, as the Nasdaq is showing so much strength, I wouldn't be surprised if this comes back to Bitcoin after the US open.
Michaël van de PoppeShare
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