Bitcoin: Miner Fees Match 2019 Lows as AI Draws Operators
Bitcoin miner transaction fee revenue hits 2019 levels while network value rises 13X, driving AI industry impact and raising BTC security questions at $64722.
SourceAnalysis
Bitcoin miner transaction fee revenue has fallen to levels last seen in 2019 when BTC traded near $5000, even as the network commands 13 times greater value today, accelerating miner migration toward AI industry impact opportunities.
Price action shows BTC at $64722.16 testing upper Bollinger resistance at $65043.74 inside a bullish EMA structure with the 50-period line at $63901.36 acting as immediate support, while neutral RSI at 62.61 and MACD golden cross at 283.83 keep the 4-hour trend intact ahead of any BTC price prediction adjustments.
Charles Edwards
@caprioleioFounder of Capriole Fund and The Ref.io, leading ventures in the digital asset ecosystem.
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