August 1, coincides with eight-year traffic on the Segwiti update of Blikin, which represented a qualitative change in the network that has rebuilt the protocol and produced a competitor, Bitcoin Cash-Bch. This event was known as “Bitcoin Independence Day”, and it reduced the impact of the great mining council, and presented a more likely path of Bitcoin Bluechen via the Lightning network.
In 2017, Bitcoin entered the “bitcoin” community, like some, especially Roger Ver, wanted to increase the size of the blocks to make faster transactions and greater collective adoption. On the other hand, others have opposed this stage on the pretext that such changes will lead to the centrality of the network by stipulating a highly storage infrastructure, which would exclude small contract operators.
In the end, the proposal to improve Bitcoin N ° 91 action (BIP 91) of the Segwit update has given solutions outside the blockchain while maintaining decentralization. As for the opposition camp, he launched Bitcoin Cash, which allowed greater masses, but it did not reach long -term desired adoption.
Bitcoin Cash: Bitcoin Cash: Comparison after 8 years
The network branch led to the emergence of two different networks, each having made their own trip to the market.
- Bitcoin currency
- August 1, 2017: About $ 2,718
- August 1, 2025: around $ 115,000
- Events: around 4,200%
- Merchant value: more than 2.2 dollars
- Bitcoin Cash
- August 1, 2017: About $ 550
- Its higher price: in May 2021: about $ 1,600
- The lowest price in 2022: about $ 90
- August 1, 2025: approximately $ 552
- Merchant value: about $ 10.9 billion
Despite the momentum he obtained during his beginnings, Bitcoin Cash was very late in terms of adoption and price performance. On the other hand, Bitcoin has strengthened its value role, while Bitcoin Cash did not take enough momentum worldwide as a means of payment.
Bitcoin technical expectations: negative with anticipation
Technically, the price of Bitcoin is still a drop, the price of Bitcoin recently broke the main trend line nearly $ 117,000, where the low altitudes and the descending style chain indicate poor momentum. In addition, the graphic plan for four hours is an exchange of descending slides followed by the “Three Black West” model, indicating the growing power of the sale.
- Current price: about $ 113,600
- Main level of resistance: $ 114,942
- Support level levels: $ 112,643, followed by $ 110,587, then $ 10,420
- Relative power index: 30.63, approaching severe sale and there is no spacing that suggests a high price so far
- Average simple movement for 50 days: around $ 117,264 descends
Trading idea: Inversion failure at $ 114,900 makes it possible to sell with a loss of more than $ 116,000, and the conservative objectives are placed at $ 112,600 and $ 110,600, while speculators must reach the price of more than $ 117,000 with a high commercial volume to modify the general mood.
Conclusion:
Eight years after the Segwit update, Bitcoin is always threatening as a dominant, technical, technical and ideological origin. The “day of independence” reminds us this year that the power of the protocol lies in the consensus of the company, not only in the programming. Whether or not this event ignites a new wave of optimism, it improves the unique development of Bitcoin as a non -decentralized financial system and an asset whose assessment reaches a trillion of dollars.
Bitcoin Hyper-Heper costs more than $ 6.2 million, with an increase in prices approaching
Bitcoin Hyper – The first network of a second layer for Bitcoin supported by the Solana Virtual Machine (SVM) – 6,278,761 million dollars in its current subscription – from the origin of the financing target of $ 21,644,097 – at the current currency price of $ 0.0115, with announcements of the next price level.
Bitcoin Hyper is designed to collect the Bitcoin network with the Solana network, which provides fast and low intelligent contracts, decentralized applications (DAPS) and the creation of new MIM parts, all by a fluid link to the Bitcoin network. The project was also audited by Coinsult in addition to its design to provide expansion, confidence and simplicity.
Finally, Bitcoin Hyper combines the attractiveness of MC currencies and real uses, making it a solid competitor between second layer networks, and a project worthy of attention in 2025, in particular with the possibility of mortgage, simplified subscription and complete launch expected by the first quarter of next year.
Does Bitcoin-BTC Bitcoin-BTC price expectations: 8 years after the “independence day” update stimulates the next Bitcoin height? APPLERDIRST on Arab Cryptonews.
