$BTC Bitcoin (BTC) is the pioneering decentralized digital currency, operating on a blockchain without central authority. Its finite supply of 21 million coins, reinforced by "halving" events every four years that reduce new coin issuance, is a key driver of its store-of-value proposition.
The latest halving in April 2024 further constrained supply, influencing market dynamics. BTC's price currently fluctuates around $105,000, with analysts debating short-term corrections versus a strong rally towards $150,000 by year-end. Long-term predictions remain bullish, with some models projecting prices well into the hundreds of thousands by 2030, highlighting its growing acceptance as an asset class despite its volatility.