Bitcoin BTC ₿ - Smart Money Concepts Technical Analysis

9 months ago
23

Bitcoin is a new kind of money. ₿
Bitcoin (BTC) could be worth $2,600,000.

Bitcoin (BTC, XBT, ₿) - is a protocol which implements a highly available, public, permanent, and decentralized ledger. In order to add to the ledger, a user must prove they control an entry in the ledger. The protocol specifies that the entry indicates an amount of a token, bitcoin with a minuscule b. The user can update the ledger, assigning some of their bitcoin to another entry in the ledger. Because the token has characteristics of money, it can be thought of as a digital currency.

Bitcoin is a digital asset designed to work in peer-to-peer transactions as a currency. Bitcoins have three qualities useful in a currency, according to The Economist in January 2015: they are "hard to earn, limited in supply and easy to verify". Per some researchers, as of 2015, bitcoin functions more as a payment system than as a currency.

Feel free to like 🖱️, comment ⌨️, & subscribe 🎨. Appreciate the support.❤️

TradingView🌩️ https://www.tradingview.com/u/largepetrol
Twitter 🐦 https://twitter.com/LargePetrol

🎥 Large Petrol Capital
🎥 Large Petrol Capital
🎥 Large Petrol Capital

₿ Bitcoin BTC - Technical Analysis Weekly Chart Update
₿ Bitcoin BTC - Technical Analysis Weekly Chart Update
₿ Bitcoin BTC - Technical Analysis Weekly Chart Update

Everything on this Channel and its services are for educational purposes only. Always speak with an investment professional or advisor before making any investment decisions. You are responsible for your own investment and trading decisions. All information contained on this Channel should be independently verified and readers and subscribers/members should always conduct their own research and due diligence. Neither The Channel nor any of its affiliates or associates, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this Channel .

#bitcoin #btc #bitcointechnicalanalysis #technicalanalysis #bitcoinprice #bitcoinpriceprediction #xbt #smartmoneyconcepts #smc #smartmoneytrading #ict #innercircletrader #priceaction #eth #ethereum #economics #bitboy #mmt #decentralizedledger #blockchain #bitcointrading #btcpice #btcpriceprediction #xrp #xrparmy #xrpnews #xrpripple #xrpcommunity #xrprpriceprediction #ripple #econometrics #crypto #cryptocurrency #cryptovalute #cryptonews #cryptotrading #cryptomining #monetarypolicy #fiscalpolicy #modernmonetarytheory #xbt #bitcoinmining #bitcoinminers #marathondigitalholding #bitfarms #mmt #bitmain #btbt #bitdigital #riotblockchain #riot #markets #trading #investing #investingtips #tradingview #tradingstrategy #fx #smartmoneyconcept

Loading comments...