🔐 Third Coldcard Hack.. Will
$BTC Pay a Heavy Price? 📉
⚠️ What Exactly Happened?
A third hack involving Coldcard wallets has been reported; Galaxy Research revealed the theft of 1,367 Bitcoin (~$89 million) across 4,585 addresses 😱
🚨 Why Does This Matter to You as a Trader?
📉 Weakening Confidence in Cold Wallets
Shaken investor trust in what is considered a "safe haven" may push some to liquidate their positions.
💰 Potential Selling Pressure
Selling the stolen funds on exchanges will increase supply and push the price downward.
😰 Record Negative Sentiment
The Bitcoin sentiment index is at its lowest levels, reinforcing the current bearish trend 📊
🎯 Key Support Levels to Watch Right Now
🔻 $63,268 - $63,400
The first line of defense (combining the 50-day moving average + Fibonacci). Breaking it = the start of danger!
🔻 $60,000 - $61,000
The most critical psychological support. Testing it could open the door to a deeper downside wave 😰
🔻 $59,620
An extreme scenario according to Elliott Wave theory, which could represent the final bottom of the current correction.
📌 Important Notice
The vulnerability lies in the randomness of key generation in certain Coldcard firmware versions since March 2021, and does not affect the Bitcoin protocol itself. Affected users are advised to transfer their funds immediately to new wallets 🛡️
🧠 Conclusion
The news increases pressure on
$BTC as it approaches crucial support zones. A breakdown could trigger a new selling wave, while holding firm gives the market a chance for gradual emotional recovery.
👀 Keep a close eye on support levels.. The coming days are critical!
$BTC #BTC #Betcoin #Coldcard
#CryptoNews #CryptoSecurity #HackAlert