Bitcoin (BTC) analysis includes many aspects, including:

Overview of Bitcoin

- *Platform*: Bitcoin is considered the first decentralized cryptocurrency, operating on a public blockchain network.

- *Purpose*: Bitcoin is used as a digital currency for payments and investment.

Advantages of Bitcoin

- *Security*: Bitcoin is characterized by high security due to blockchain technology and encryption.

- *Decentralization*: No government or banking entity controls Bitcoin, making it resistant to censorship.

- *Scarcity*: The maximum supply of Bitcoin is 21 million units, making it a scarce currency.

Bitcoin Price

- *Current Price*: The price of Bitcoin is approximately 107,000 US dollars, with a decrease of 0.9% in the last 24 hours.

- *Market Capitalization*: The market capitalization of Bitcoin is approximately 1.24 trillion US dollars, making it the largest cryptocurrency by market cap.

- *Trading Volume*: The daily trading volume of Bitcoin is approximately 22.8 billion US dollars [1].

Uses of Bitcoin

- *Payments*: Bitcoin can be used for online payments.

- *Investment*: Bitcoin is considered a popular investment due to its volatile value.

- *Safe Haven*: Some investors consider Bitcoin a safe haven in times of economic uncertainty.

Investment Risks in Bitcoin

- *Market Volatility*: The value can be affected before investing in it [2].