Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Luke Dashjr Removed as BIP Editor Amid Bitcoin's Bearish Momentum

Guavy AI Editorial Team
Instruments
BTC
Share

Bitcoin developer Luke Dashjr has been removed as BIP editor after the BIP-110 fork proposal stalled. The decision was made in light of the current market conditions, with BTC trading at $64,249.54.

The price action on the 4h chart shows that Bitcoin is holding below its EMA50 resistance at $64,469.14 while its EMA200 acts as dynamic support at $63,770.08. The MACD death cross is also indicating bearish momentum with a value of -114.16.

The RSI (Relative Strength Index) is currently at 43.83, suggesting that there is room for further downside towards the lower Bollinger band at $63,824.35 before any potential relief rally.

More on Crypto

Crypto just now

Bitwise Solana ETF Gets Lending Approval from Major Bank

Crypto 2m ago

Tokenized Trust Fund Market Cap Hits CA$3.44K Despite Lack of Coinbase Listing

Crypto 2m ago

MCX (MetaCortex) Unveils AI Brain Project Amid High-Tech Neural Network Launch

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy