Bitcoin: On-Chain Metrics Spike After Coldcard Hack
Bitcoin on-chain metrics hit two-year highs as holders migrate wallets post-Coldcard hack. BTC trades at $63193.92 with neutral RSI and MACD golden cross.
SourceAnalysis
Bitcoin recorded an extreme session as eight on-chain metrics exceeded their two-year median following the Coldcard hack disclosure. Data shows holders shifting coins into new wallets instead of exchange deposits.
Price action at $63193.92 sits below the EMA50 resistance at $63830.17 and EMA200 at $63767.83, confirming the bearish structure. The MACD golden cross at -277.76 hints at building momentum while RSI at 45.6 stays neutral. BTC remains inside the Bollinger Bands with upper resistance at $64887.59 and lower support at $61993.69, suggesting limited volatility until a decisive break.
glassnode
@glassnodeWorld leading onchain & financial metrics, charts, data & insights for #Bitcoin & digital assets.