Bitcoin: BIP-110 Sparks Knots Wallet Fund Warnings

Bitcoin faces fresh protocol tension after @FarsideUK highlighted that BIP-110 would break the wallet inside the latest Bitcoin Knots release, exposing users to potential loss of funds despite claims that Lightning and multisig remain untouched. The clash centers on whether large arbitrary data from Ordinals and Runes should stay valid on-chain, with critics labeling the change an attack while supporters insist supply stays capped at 21 million and proof-of-work unchanged. On the 4h chart BTC trades at $60510.38 inside the Bollinger band with upper resistance at $60810.88, EMA50 sitting at $61125.4 as concrete resistance and EMA200 at $66047.04 defining longer-term overhead; neutral RSI at 50.94 paired with MACD golden cross at -254.73 suggests any protocol-driven volatility could push price back toward the lower band support at $59461.45 before continuation. Long-tail searches for BTC price prediction, Bitcoin protocol upgrade impact and self-custody wallet security are already spiking as traders monitor whether the Knots bug becomes the catalyst for a broader crypto market crash narrative.