Analyst: Coldcard Hardware wallet sees a outflow of $38 million, putting pressure on the market
2026-07-31 17:55:05
According to CoinMeta, CryptoMichNL indicates that NASDAQ continued to rise but then experienced a pullback. Coldcard hardware wallets saw a outflow of $38 million in Bitcoin today, putting pressure on the market. The overall structure remains intact for now, with prices barely holding above the 21-day and 50-day moving averages. If this support level is lost, the next support levels are between $60,000 and $61,000. Without finding buyers, new lows could be reached. However, with NASDAQ performing strongly, it is expected that Bitcoin may rebound after the opening of trading in the United States.
Source:X
This content is for market information only and does not constitute investment advice.
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