August 1 marks eight years because the BTC SegWit improve—a pivotal community shift that reshaped the protocol and birthed a rival, Bitcoin Money (BCH). Often known as “Bitcoin Independence Day,” the occasion diminished the affect of huge mining swimming pools and launched a extra scalable path for BTC by way of the Lightning Community.
In 2017, the neighborhood was locked in a “block dimension warfare.” Some, led by figures like Roger Ver, needed to broaden the block dimension to assist sooner transactions and mass adoption.
Others pushed again, arguing that such modifications would centralize the community by requiring high-storage infrastructure, excluding smaller node operators.
If each 1MB block have been at all times full, it could take over 55 years to fill my new HD. Let's elevate the block dimension restrict. pic.twitter.com/LfN7zHn0b8
— Roger Ver (@rogerkver) August 4, 2015
Finally, Bitcoin Enchancment Proposal 91 (BIP 91) activated SegWit, enabling off-chain options whereas preserving decentralization. The opposing camp launched Bitcoin Money, with bigger blocks however minimal lasting adoption.
Bitcoin vs Bitcoin Money: 8 Years On
The onerous fork created two distinct chains, however their market trajectories inform very completely different tales.
- Bitcoin (BTC)
- Aug 1, 2017: ~$2,718
- Aug 1, 2025: ~$115,000
- Acquire: ~4,200%
- Market Cap: Over $2.2 trillion
- Bitcoin Money (BCH)
- Aug 1, 2017: ~$550
- Could 2021 ATH: ~$1,600
- 2022 Low: ~$90
- Aug 1, 2025: ~$552
- Market Cap: ~$10.9 billion
Regardless of preliminary momentum, BCH has largely trailed behind in adoption and worth efficiency. BTC has solidified its position as a retailer of worth, whereas BCH’s cost utility hasn’t gained significant traction globally.
Bitcoin Technical Outlook: Bearish however Watchful
Technically, Bitcoin worth prediction stays bearish as BTC just lately broke beneath a key ascending trendline close to $117,000. A collection of decrease highs and a descending triangle sample sign weakening momentum. The 4-hour chart exhibits a bearish engulfing adopted by Three Black Crows, reinforcing vendor dominance.
- Present Value: ~$113,600
- Key Resistance: $114,942
- Helps to Watch: $112,643 → $110,587 → $108,420
- RSI: 30.63, nearing oversold however no bullish divergence but
- 50-SMA: Sloping down at $117,264
Commerce Thought: A failed bounce at $114,900 provides a brief setup with stop-loss above $116,000. Conservative targets: $112,600 and $110,600. Bulls want a detailed above $117,000 with sturdy quantity to shift bias.
Conclusion:
Eight years after SegWit, BTC continues to thrive because the dominant digital asset—technically resilient and ideologically anchored. This 12 months’s “Independence Day” reminds us that the protocol’s energy lies in neighborhood consensus, not simply code. Whether or not it sparks one other rally or simply reflection, the milestone reinforces BTC’s distinctive evolution as each a decentralized system and a multi-trillion-dollar asset.
Bitcoin Hyper Presale Over $6.2M as Value Rise Nears
Bitcoin Hyper ($HYPER), the primary BTC-native Layer 2 powered by the Solana Digital Machine (SVM), has raised over $6.2 million in its public presale, with $6,278,761 out of a $21,644,097 goal. The token is priced at $0.0115, with the following worth tier anticipated to be introduced quickly.
Designed to merge Bitcoin’s safety with Solana’s pace, Bitcoin Hyper allows quick, low-cost sensible contracts, dApps, and meme coin creation, all with seamless BTC bridging. The mission is audited by Seek the advice of and engineered for scalability, belief, and ease.
The golden cross of meme enchantment and actual utility has made Bitcoin Hyper a Layer 2 contender to observe in 2025. With staking, a streamlined presale, and a full rollout anticipated by Q1, $HYPER is gaining severe traction.
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