The BTC$ currency refers to Bitcoin, which is the first and most famous decentralized digital currency in the world. It was launched in 2009 by a person or group using the pseudonym Satoshi Nakamoto.
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✅ Simplified explanation of BTC$ (Bitcoin):
Item Explanation
Symbol BTC or BTC$
Name Bitcoin
Type Cryptocurrency
Purpose Electronic payment system without intermediaries (banks or governments)
Technology Operates on blockchain technology
Supply Only 21 million coins (limited supply)
Mining Method Using powerful computers to solve mathematical problems (mining)
Uses Trading, online purchases, store of value (like digital gold)
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📊 Price and Candlestick Chart:
The candlestick chart is used to analyze the price of Bitcoin over time periods (minute, hour, day, week...) and shows:
Green candle = price increased.
Red candle = price decreased.
Upper and lower wicks = highest and lowest price during the period.
I will now attach an illustrative image of the candlestick chart:
Example of a candlestick chart for Bitcoin
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📌 Features of BTC$:
Cannot be forged or controlled by a single party.
Limited supply making it scarce (like gold).
Can be sent to anyone anywhere within minutes.
Has global acceptance and is used on many platforms like Binance, Coinbase, and others.
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Would you like an explanation on how to buy or trade BTC$?
