Bitcoin: BIP110 Self-Fork Eyed for August 7
Bitcoin BIP110 activation targeted for August 7 via bitnod.es dashboard as BitMEX Research seeks feature input from Adam Back.
SourceAnalysis
BitMEX Research highlighted feedback requests for the bitnod.es dashboard after Adam Back noted BIP110 could self-fork around August 7 or fail to activate.
BTC trades at $73679.64 inside Bollinger Bands with upper resistance at $76497.68 and lower support at $72065.7; the bearish structure holds below EMA50 at $75487.69 and EMA200 at $76832.85 while RSI at 38.89 stays neutral and MACD golden cross at -756.31 hints at momentum building for any post-fork volatility in BTC price prediction models amid broader crypto market crash concerns and Bitcoin network upgrade scrutiny.
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@BitMEXResearchFiltering out the hype with evidence-based reports on the cryptocurrency space, with a focus on Bitcoin.
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