Bitcoin: Taproot Outputs Hit 25% by Value
Farside Investors notes that five years after Taproot activation, 25% of Bitcoin outputs by value now use the upgrade, outpacing P2SH and matching SegWit adoption speed.
SourceAnalysis
Bitcoin Taproot outputs now represent 25% of total value five years after activation, according to Farside Investors, a pace that exceeds P2SH and aligns with SegWit rollout.
Price sits at $74050 on the 4h chart inside Bollinger Bands bounded by $76479 resistance and $72921 support while EMA50 at $75864 and EMA200 at $79381 define the bearish structure; RSI at 41.64 stays neutral yet MACD registers a bullish golden cross at -663.94, suggesting any test of upper-band resistance may stall before a pullback to the 50-EMA confluence zone.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.