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The bitcoin price chart has regained some lost ground, yet the long-term chart shows the next rally has not been signaled, even as $1,750 swirls in the tea leaves.
Bitcoin Price SegWit Analysis
Time of analysis: 14h00 UTC
Bitstamp 1-Day Candle Chart
From the analysis pages of xbt.social, earlier today:
Yesterday was an historic day not only for Britain, with the pound dropping to its lowest level in decades, but also for Bitcoin as SegWit was merged in the Core code repository. SegWit remains in developer testing and will be officially released – for wider testing – in an upcoming release candidate. Major benefits include lower protocol network traffic, less