Have you ever wanted to know what is blockchain technology, what is crypto mining, what is crypto wallet, how different bitcoin is from other crypto currencies. More importantly, how to profit from trading in investing in cryptos. You find the answers to these and other hot crypto topics here.
One of the benefits of Bitcoin is the ease of sending it to anyone anywhere across the globe as long as the person has a Bitcoin address. While there is no intermediary like banks or agents, you have to pay a certain fee for every transaction.
October may end up being one the best months of 2020 for Bitcoin! Technical performance has been excellent, with all main indicators standing positive (hash rate, open interest, mining activity, transaction value, etc.). As a result of various factors, we have even had a major upside breakout over the 11-12K area, finally! Not only is …
In the last few weeks, Bitcoin price has been fluctuating between $6,250 and $8,250, after gaining massively from its December low of $3242. At the time of writing, the crypto giant is trading at $7,916 with a 24-hour volume of $24 billion. Meanwhile, BTC continues to dominate the cryptocurrency market, having reached its highest total market percentage since December 2017 when it went over 60%. Currently, its dominance stands at 56.3% with a market cap of $140.7 billion.
The cryptocurrency market is characterized by high volatility that results in booms and busts. Since the introduction of cryptocurrencies, we have seen plenty of swings. The first of these booms was witnessed when Bitcoin rose from as low as $0.003 in 2009 to about $150 by 2013.
Cryptocurrencies have increasingly gained popularity, with more and more people joining the crypto world. Bitcoin is the most widely used currency; taking up a large share of the digital currency market. Its value has skyrocketed since its inception, offering a great investment opportunity where many have reaped the benefits. However, Bitcoin is also volatile and has its risks.
So for those of you who have been following the trend of Bitcoin for a while now, btc levels have been in a downward trend since the start of 2018. However recently it looks as though that trend has started to reverse in 2019, after a year of slow and painful decline in 2018. In this BTC analysis article, I will be conducting a brief Bitcoin price analysis for you. I will look at the 200 day moving average Bitcoin, Bitcoin chart analysis including the support and resistance zones Bitcoin, and Bitcoin market analysis.