BIP-110: New Block Alerts Activated
BIP-110 activation fires automatic alerts after 17 blocks, with BTC holding $66000 amid EMA50 support at $64917.86 and neutral RSI.
SourceAnalysis
BIP-110 activation has triggered automatic alerts on new blocks, with 17 blocks recorded in the current period according to Farside Investors.
BTC trades at $66000 inside Bollinger Bands bounded by $67095.32 resistance and $64082.24 support while the 50-EMA at $64917.86 and 200-EMA at $63700.4 anchor the bullish structure; the neutral RSI at 58.09 combined with the MACD death cross signals a likely healthy pullback to the 50-EMA before continuation. Bitcoin BIP activation updates and BTC technical analysis continue to shape institutional positioning in the current cycle.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.