Bitcoin: Coldcard Hack Sparks Self-Custody Debate

Bitcoin self-custody faces fresh scrutiny after the Coldcard hack, with @simplykashif questioning whether AI powered the breach in an August 1 2026 post. Traders now weigh hardware wallet vulnerabilities against broader BTC market dynamics. BTC price prediction models must account for this event while crypto market crash scenarios gain traction from eroded trust and AI industry impact on security protocols. On the 4h chart BTC trades at $63101.98 inside the Bollinger band with bearish EMA50 at $64071.29 and EMA200 at $63850.04 acting as resistance, MACD at -362.08 confirming the death cross, and RSI at 39.71 leaving room for a test of lower band support at $62373.09 before any rebound.