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BTC/USD – Bitcoin US Dollar

BTCUSD Chart by TradingView

Bitcoin is one of the most widely used cryptocurrencies currently available on the market. Bitcoin, which was first created in 2009 by Satoshi Nakamoto, has long held the number one position in the cryptocurrency industry in terms of market valuation. Bitcoin paved the path for many of the altcoins already in existence on the market and constituted a milestone point in the history of digital payment systems.

The value of Bitcoin, which was the world’s first cryptocurrency, has increased significantly over time. Bitcoins, on the other hand, may be broken into smaller units called satoshis, which are named after the bitcoin’s founder, so that one does not have to acquire one full bitcoin. A satoshi is equal to 0.00000001 bitcoin, which is the smallest unit of currency in the world.

Because bitcoin does not exist as a physical token, it may be thought of as digital money. Bitcoin transactions are completely transparent, and they are not subject to censorship. You may easily transfer money to anyone in the globe from anywhere in the world. A financial system supported by thousands of computers, referred to as ‘nodes,’ located all over the world, rather than by a single central bank or government, thus the name ‘decentralisation.’

 

Technical Analysis for BTCUSD by TradingView

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Crypto Currencies by TradingView
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