Bitcoin ($BTC ) is a decentralized cryptocurrency created in 2008 by an individual or a group of individuals under the pseudonym Satoshi Nakamoto. Here are some key information to know about Bitcoin:
*Characteristics*
- *Decentralized*: Bitcoin operates without a central authority or intermediary.
- *Peer-to-peer*: transactions occur directly between participants.
- *Supply limit*: there is a limit of 21 million Bitcoins that can be created.
*Current Information*
- *Price*: the current price of Bitcoin is approximately 108,859 USD, with a market capitalization of 2.17 trillion dollars.
- *Trading volume*: the daily trading volume of Bitcoin is approximately 51.79 billion dollars.
- *Trend*: the price of Bitcoin has increased by 84.15% over the last year ¹.
*Analysis*
- *Support and resistance*: technical analysts predict that the price of Bitcoin could reach 118,369 dollars if it exceeds 114,271 dollars, or drop towards 107-110,000 dollars if it falls below 111,669 dollars.
- *Long-term trend*: some analysts believe that Bitcoin could reach new all-time highs, while others foresee a correction ¹.
*Investing in Bitcoin*
- *Risks*: investing in Bitcoin carries risks due to its volatility.
- *Advice*: it is recommended to
