Bitcoin: Coldcard $38M Drain Hits Markets

Bitcoin drops after the Coldcard hardware wallet drain of $38M BTC hit markets today even as the Nasdaq continues its run, with structure barely intact above the 21-day and 50-day moving averages.

Price sits at $63843.8 inside Bollinger Bands with upper resistance at $65010.27 and lower support at $63248.7; the bearish EMA structure shows EMA50 at $64424.17 and EMA200 at $63949.83 while RSI at 43.66 stays neutral and MACD at -45.49 prints a bullish golden cross, pointing to a likely test of EMA200 resistance before any retracement toward the $60,000-61,000 zone that could shape the next BTC price prediction and avert a broader crypto market crash.