X @Michaël van de Poppe
Michaël van de Poppe·2026-07-31 09:53
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. ...