Buy 25% · Sell 50%
BTC USDT
Bitcoin
Short summary for BTC
Scenario, levels and timeframe alignment.
Dominant share 50%
Timeframes disagree
SHORT prevails on the 4h and 1d timeframes, while the 15m and 1h signals are mixed. Lower TF go against higher TF, so market entries are riskier than usual.
BTC does not have enough closed trades for local statistics yet, but signals and the public feed are already available.
0/100
Quick check of tokenomics, liquidity and contract permissions.
BTC is better approached with patience right now. Main reference: 4h, current scenario: "Better wait for confirmation".
Signal balance: buyers 25%, neutral 25%, sellers 50%. The current bias is on the seller side, so LONG without confirmation remains risky. Timeframes: Timeframes disagree.
BTC trade history is still building, so current structure matters most now: scenario, signal balance and chart levels.
Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks.
Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.
Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.
The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.