Bitcoin Activates BIP-110, Triggers New Block Alerts Amid Bullish Trend

A significant update has been made to the Bitcoin network with the activation of BIP-110. This upgrade triggers automatic alerts after a new block is found, logging 50 blocks per period as reported by Farside Investors.

The BIP-110 upgrade marks an important milestone in the history and impact on the peer-to-peer network that operates without central banks or intermediaries.

The current BTC price sits at $65,006.2 within its Bollinger bands, with upper resistance at $65,250.81. The EMA50 is at $64,255.89 and EMA200 is at $63,682.31, both anchoring the bullish trend structure. The MACD at 288.41 confirms the golden cross and RSI at 62.09 leaves room before any test of lower support at $63,966.9.