Bitcoin: BIP-110 Block Alerts Activated
Bitcoin BIP-110 activation triggers automatic block alerts with 19 blocks recorded; BTC trades at $64892 amid bearish EMA structure and neutral RSI.
SourceAnalysis
FarsideUK reported BIP-110 activation with automatic alerts after a new block, marking 19 blocks this period and linking to its Q&A on the protocol upgrade. BTC price action shows the asset at $64892 testing lower Bollinger support near $64805 while the EMA50 at $65024 caps upside in the prevailing bearish trend defined by the EMA200 at $63745. The MACD death cross at 179.13 reinforces downside pressure even as RSI at 42.57 stays neutral, suggesting limited momentum for any immediate reversal. Over the past six months Bitcoin has absorbed multiple BIP activations without shifting its macro structure, keeping focus on whether the current band-bound range resolves lower before the next protocol milestone. Traders monitoring BTC price prediction models now weigh the confluence of resistance at the upper band $66847 against the risk of a swift test of the lower support zone.
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