|Brief||How to describe bitcoin in plain English? It's the first and currently most popular decentralized digital currency, which was created in 2008. The technology behind it is blockchain.|
|Last updated:||Monday, April 22, 2019 11:58:29PM UTC|
|Current price, USD:||$5 399.365|
|Current price, BTC:||1.0000000|
|Market capitalization, USD:||$95 354 207 776|
|Available supply:||17 660 262 BTC|
|Volume 24 hours, USD:||$14 601 631 648|
General BTC facts, technical details and general information about Bitcoin crypto currency
How to describe bitcoin in plain English? It’s the first and currently most popular decentralized digital currency, which was created in 2008. The technology behind it is blockchain, a public ledger payment technology which takes intermediaries (such as banks and other service providers) out of the financial equation. Bitcoin’s emission is not controlled by anybody, the currency issue occurs through “mining” – the work of powerful computer processors around the globe using a program for calculating mathematical algorithms. This decentralization, i.e. absence of controlling institution, makes bitcoin independent from state regulators, banking and finance institutions and that is both an advantage and a drawback for the coin. As most financial regulators are still forming their position on this and other cryptocurrencies this year’s price rally has resulted in Wall Street gurus calling bitcoin a “fraud” and “bubble”. However, investors’ interest in bitcoin is seemingly unstoppable as more and more brokers and hedge funds are offering investment opportunities for crypto fans. If you want to add bitcoin in your investment portfolio, there are plenty of options for you: mining, trading bitcoin on one of cryptocurrency exchanges, accepting payment for your services in bitcoin, trading cryptocurrency using CFDs and event getting paid in bitcoin.
We list daily Bitcoin historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Apr 22||5 312.171||5282.063||5420.258||95 354 207 776|
|Apr 21||5 348.341||5259.369||5353.274||93 847 052 256|
|Apr 20||5 308.815||5299.932||5348.39||94 248 717 444|
|Apr 19||5 291.505||5235.608||5310.379||93 638 345 002|
|Apr 18||5 256.951||5256.951||5311.149||93 532 402 741|
|Apr 17||5 269.199||5221.026||5269.199||92 702 617 458|
|Apr 16||5 075.392||5065.032||5235.999||92 402 383 322|
|Apr 15||5 171.585||5051.962||5191.966||89 402 172 644|
|Apr 14||5 098.182||5055.568||5174.94||91 184 697 464|
|Apr 13||5 076.946||5063.191||5119.874||89 924 467 261|
|BTC price change 24 hours||1.73%|
|BTC price change 7 days||6.52%|
Here we go, BTC is hovering above 5k which is exactly what the market needs to see to regain their long-lost confidence in the crypto market. It’s important for these moments that BTC remains strong in the eyes of skeptics. Currently, The overall trend has been incredibly positive for the whole crypto market because of adoption. The big money has finally showed its face and proved to everyone that we are in the midst of a major uptrend in the coming months. Once retail investors even catch a whiff of profits, they’ll come back like lemmings.
This is the most important last few days since early 2018. We finally broke out of the downtrend that's been strangling us since the major crash post 2017. BTC breached 5k and this wasn't the work of retail investors. It needs to be understood that a daily volume of 26 billion dollars is not the work of regular buyers. Even at the height of the bull run in 2017, BTC's volume barely scraped this level. What does this mean? It means the herd is finally here. Institutional buyers are alive and well, and they are buying BTC. If you don't believe me, then sit on the sidelines and buy back in when BTC is creeping up to 10k. The halvening is on it's way, and like clockwork the BTC market is starting its engines.
Bitcoin is King. This is the real deal. The one and only. This is the coin that will outlast them all- feel free to mark my words. BTC is the only digital currency with a true use case. It's currency. We use it to pay for things and to store value. It's value is derived from the endless work performed by the miner armies of the world. Bitcoin has breached 4k. What's your plan when it blows through 6k? The whales are accumulating and they aren't waiting around to see what happens around the corner. Get in or rip.
BTC whales have been playing games in the market. It's obvious we've seen the bottom, but it's just going to take that last push to send us out of the 3-4k range. Once we push past 5k the market will see a rapid rise because of all the fomo money afraid of missing the 2019 bull. This much is obvious. The accumulation phase that we witnessed over the last 6 months has been very healthy for BTC and for the rest of the market. Each phase of a market cycle is an opportunity in disguise. Make sure you have your BTC ready by the summer- we're scheduled for take off.
Finally, some real movement on BTC. It's sitting right at $4k, and this is a pivotal moment for the whole crypto space, not just BTC. Bitcoin finally moved past its 100-day MA. It hasn't done this for the last 9 months. It seems that every day has fantastic news for Bitcoin. Just yesterday Elon Musk commented on how brilliant Bitcoin is. That same day the videos of Samsung's S10 phone has an integrated crypto wallet. I wouldn't be so excited if it weren't for the fact that adoption actually looks to be happening.
We publish the most accurate Bitcoin Forecasts and News including crypto industry experts' opinion on a daily basis
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