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$BTC BitcoinWhat Is Bitcoin (BTC)? Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.” Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use. Who Are the Founders of Bitcoin? Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.” Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time. However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others. What Makes Bitcoin Unique? Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects. The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies. Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.
CRYPTOCAP:BTCLong
by BADQOMOCAWGOWLD
$BTC BitcoinWhat Is Bitcoin (BTC)? Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.” Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use. Who Are the Founders of Bitcoin? Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.” Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time. However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others. What Makes Bitcoin Unique? Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects. The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies. Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.
CRYPTOCAP:BTCLong
by BADQOMOCAWGOWLD
1
WATCH!!!! Don't fall this BITCOIN TRAP!!BINANCE:BTCUSDT Hello friends i hope you enjoyed your weekend as we are welcomed to a new week. firstly, I will congratulate and cheers all my followers and everyone who have been taking advantage of my mostly BITCOIN ideas as i have been consistently killing the crypto market. kindly tap my profile and take a look at my current and previous BITCOIN ideas so you can understand how i feel. now here is another new idea. not too much talk every reason and bias are drawing in the chat. also do not fall the current bitcoin movement as bitcoin is preparing for a massive move to the upside you can take any positions based of your research, fundamentals and analysis but apply proper risk managements. bye. BINANCE:BTCUSDT
Long
by REIMCLUEFX
6
Bitcoin "still in Pullback" IdeaAs the chart shows, i think BTC has broken out a long bearish trendline and it's normal for it to have a long trading range after it, Or, a long pullback in this scenario. So, I see bitcoin in bullish trend line for the coming year (2023), but it needs to touch back the trend line she just broke and then we are ready to jump! I think there are pretty strong supports for it to touch and then return, the strongest is 10k and if she wants to reaction to this price, she might see 9500 or 9000 price tag and then begin a bullish trend line. But start of the bullish movement can happen at any given time (even now!)
by hoseinharami
BTC - USDWednesday 16th November 2022 BTC is on a green 2, above the lower Fibb 1 band. Hash Ribbons are flattening out. All the MA's are heading south, fast. I don't see BTC getting past the MA's if it does bounce. We are yet to see and other fallout from the FTX, SBF, Alameda Research, Caroline Ellison debacle. There will be resistance at $17,840, $18,157, $18579, $19,360. MACD is about to cross the zero line. Next price target is $14,203, and TD Support sits at $10,380. Happy Sailing Privacy Pirates. F.Society, F.Banksters, F.Politicians Best regards, Snake Plissken
BITSTAMP:BTCUSD
by kryptologic
BTC is quickly returning to the $20,000 mark🖐 Hello everyone. Forms a wedge pattern. We are accumulating inside the wedge. At the moment 17500 are strong resistance levels. Briefly about the situation, now I am waiting for a decline to the support level and the withdrawal of liquidity. After that, growth, since now most are waiting for a recession. I publish a very likely scenario for further price movement) A good period for buying on credit has actually come) 🔥P.S Friends, support this idea with your like and any comment.
BITFINEX:BTCUSDLong
by CHOWTRADE
2
BITCOIN - Bear Market about to endAs with every bearish cycle, panic is reigning in the crypto world right now. And for this very reason it seems appropriate to make this analysis that, hopefully, will shed a ray of sunlight on the fearful ones. Since there is a lot to work with, I will divide the analysis into 3 parts (please note that this is macrocyclical trend analysis but fundamental analysis has not been considered). The material in this publication has no regard to the specific investment objectives, financial situation or particular needs of any viewer. This publication is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies or any related financial instruments. Nor should any of its content be taken as investment advice. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this publication are subject to change without notice. 1) Cycle Duration: Bearish cycle & Bullish cycle 2) Bear cycle bottom & Current bear market correction 3) Bull cycle top & Next bull cycle gains 1) Cycle Duration Bearish cycle : If we measure the duration of the previous bearish cycles, we can see that the 1st cycle lasted around 150 days, the 2nd cycle lasted around 640 days, and the 3rd one lasted near 820 days. If we average them we can estimate a duration of 550 days for the current bearish cycle. As a result, we can infer a high degree of probability that we'll touch the bottom within the 4th quarter of 2022. Bullish cycle : If we measure the number of days between the maximums of each cycle, we obtain an average of 1180 days. With this result we can infer that the next cycle top will be around June 2024. On the other hand, measuring the duration of the bullish cycle of each macro cycle, we obtain an average of 600 days per cycle. Which allows us to forecast that the next bullrun will be between the 4th quarter of 2022 and the end of 2023 1st semester. 2) Bear cycle bottom & Current bear market correction Bear cycle bottom : The first bitcoin correction was about 93%, the 2nd one was near 85%, and the 3rd one was arround 83%. On average, bitcoin corrections have been reducing by 5 points per cycle, so we can infer that the current correction can reach approximately 73%. The price bottom we obtain with these calculations is roughly $14,000 3) Bull cycle top & Next bull cycle gains Bull cycle top : As in all markets, as the market capitalization of an asset increases, the amount of money that needs to be injected to produce a significant price movement also increases. Therefore, in percentage terms, we can expect the profit level of the next bullrun to be lower than the previous one. In total terms, the 1st bullrun saw a rise of around 52,000%, the 2nd bullrun rise was close to 12,000%, while the 3rd rise was close to 2,000%. With this movement patterns it's fair to assume that the gains porcentage will be lower, so we infer gains of up to 1,000% for the next bullrun. The price top we obtain with these calculations is roughly $150,000 I hope you enjoy this review and found it useful. Or, at least, that this helps to give that little push needed for trend reversal. Cheers!
BNC:BLXLong
by GSANMARTINv
1
BTCUSD: Is the Sideways Movement About to End? 🙄 Nov. 18After the deep sell-off seen last week, Bitcoin was unable to recover from the lows and has continued trading around $16,000. Our previous analysis marked the resistance at $18,500 as an important level that the price needed to reclaim in order to show signs of strength. However, it failed, indicating a major sign of weakness in the price at the moment. In the 4-hour time frame, we can see that Bitcoin has been consolidating in a sideways trend after the deep sell-off. It is too early to say whether we will see a breakout on the higher or lower side, however, a slight bullish RSI divergence can be seen. If the price is able to reclaim the resistance at $18,500, it will be a great sign for the bulls. However, if the lower support at $15,600 is broken, we can expect a sharp fall, forming a new 52-week low. Traders should wait for a clear breakout on either side before taking any positions to minimize risk! The major points of interest are $18,500 and $15,600.
by CoinMarketCap