Bitcoin: Saylor Questions Base Protocol Changes
Bitcoin at $61750.38 tests resistance as BitMEX Research quotes Saylor on scalability without base protocol shifts amid bearish EMA structure.
SourceAnalysis
BitMEX Research spotlighted Michael Saylor's position that scalability, usability, privacy and security work on Bitcoin need not require base protocol alterations.
Price action shows BTC at $61750.38 trading inside Bollinger Bands with upper resistance at $63817.66 while the bearish structure keeps EMA50 at $65551.8 acting as key resistance; despite the MACD golden cross, momentum at RSI 40.73 suggests a pullback toward that EMA50 level before any sustained advance.
BitMEX Research
@BitMEXResearchFiltering out the hype with evidence-based reports on the cryptocurrency space, with a focus on Bitcoin.
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