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Crypto

BIP-110 Activation Triggers New Block Alerts as Bitcoin Price Holds Steady

Guavy AI Editorial Team
Instruments
BTC
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A Bitcoin upgrade, BIP-110, has been activated after FarsideUK detected a new block. This marks the second block processed by Bitcoin in its upgrade cycle.

The activation of BIP-110 has triggered automatic alerts for new blocks, indicating that the network is moving forward with the upgrade. The current price of BTC is holding steady within the Bollinger band, with an upper resistance at $65,310.03 and lower support at $64,233.46.

Market indicators suggest a bullish trend above the EMA50 at $64,368.27 and EMA200 at $63,712.0. However, the MACD is printing a death cross at 269.47, while the RSI remains neutral at 59.59.

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