$BTC

What is $BTC?

Bitcoin is the first and most well-known cryptocurrency.

Created in 2009 by the anonymous Satoshi Nakamoto.

It runs on a decentralized blockchain network.

Purpose & Use Cases:

Designed as a peer-to-peer digital currency.

Used for payments, store of value, and hedge against inflation.

Increasing adoption by institutions and individuals.

Supply & Scarcity:

Fixed supply of 21 million coins.

Halving events occur every 4 years, reducing miner rewards.

Creates deflationary pressure and long-term value interest.

Market Behavior:

Highly volatile—affected by news, macro trends, and regulation.

Often leads overall crypto market direction.

Key psychological levels: $30k, $50k, $100k.

**Trading Tip