By: ABP Live

Bitcoin Price Chart (BTC/EUR)

38,^*_EUR

+%

24 Hour High	24 Hour Low	Market Capitalization
39,EUR	37,EUR	,,,EUR

*The reference price is calculated using the mid-price at the current point in time. The actual execution price may differ.

Virtual currency / EUR charts

What is Bitcoin?

Bitcoin is a crypto asset that began as a concept described in a paper published on the Internet in by someone assuming the name Satoshi Nakamoto.

Through the use of a distributed ledger known as a blockchain, Bitcoin can store and transfer values over the Internet without the need for an issuing authority or administrator.

Because Bitcoin has the highest market capitalization of all the numerous crypto assets, it is not an exaggeration to say it is the most prominent crypto asset. There are many currencies that split off from or are derived from Bitcoin, and it is the cornerstone of crypto assets.

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Bitcoin FAQ

• Q:

  What is the smallest amount of Bitcoin I can buy?

  A:

  The minimum order size for Bitcoin on Buy/Sell is BTC. Small amounts of BTC can be traded on bitFlyer.

• Q:

  How much is the Bitcoin trading fee?

  A:

  There is no trading fee for Bitcoin on Buy/Sell, but there is a spread. More information can be found here.

• Q:

  How much is the withdrawal fee for Bitcoin?

  A:

  The Bitcoin withdrawal fee is BTC. More information can be found here.

• Q:

  When can I trade Bitcoin?

  A:

  Bitcoin can be traded 24 hours a day, days a year, including weekends and holidays (excludes maintenance times).

• Q:

  Can I use bitFlyer on my smartphone?

  A:

  bitFlyer Wallet supports everything from account creation to trading. You can download it for free from the App Store and Google Play.

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• Price analysis 3/ BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

  Cointelegraph

  

Источник: [www.oldyorkcellars.com]

• • Martin Frohler. Martin Fröhler is a mathematician and former hedge fund manager. He is the founder of Morpher, a trading platform operating on the Ethereum blockchain that fixes trading and investing.
  • James Edwards. James Edwards is cryptocurrency expert who has been following the space since when he first explored Bitcoin mining. Since he has been working at the intersection of journalism and education to help onboard the next generation of cryptocurrency users. His expertise has seen him interview industry leaders from Ethereum, Aave, Binance, Cosmos, Stellar and many more.
  • Keegan Francis. Keegan Francis is the global cryptocurrency editor for Finder and has written extensively for crypto publications since He is also the co-founder of Atlantic Blockchain Company and the 'Go Full Crypto' podcast.
  • Vern Vermaak. Werner Vermaak is a technical writer and editor who has been covering the areas of crypto security, DeFi, NFTs and Web since
  • Ben Knight. Ben Knight is a cryptocurrency enthusiast who loves to write, edit and make music. He has written for Finder's crypto team since June and is particularly interested in the potential use-cases for crypto other than finance.

Bitcoin (BTC) is expected to peak at US$93, this year before dropping to $76, by the end of , according to Finder's panel of 33 fintech specialists. This is roughly 60% higher than the price of Bitcoin at the beginning of

Panel less bullish on forecast for and

By the end of , the panel predicts BTC will be worth $, and climb to $, by the end of These are significant increases from BTC's price at the time of writing in mid-January but much lower than their forecasts from the October report:

• The panel's prediction of $, for the end of is 7% lower than their October forecast.
• The panel's prediction of $, for the end of is 28% lower than their October forecast.

Interest rate rises impact predictions

Potential interest rate hikes might be what's leading the panel to be more conservative with their predictions compared to back in October.

Several panelists, including the Panxora Group CEO Gavin Smith who gave an end-of prediction of $70,, think that increasing interest rates will negatively impact the cryptocurrency market.

"[The] first half of will be dominated by concerns over higher interest rates, which will impact all risk assets including Bitcoin. We wouldn't be surprised to see Bitcoin decline a further 30% from current levels."

However, when asked about Bitcoin specifically, just 1 in 5 (19%) panelists think higher interest rates will lead to a lower BTC price and 31% said they were unsure.

Half of the panel (50%) don't think an increase in interest rates will lead to a fall in BTC's price.

If higher interest rates do cause a drop in Bitcoin's price, Smith thinks it will be short-lived.

"As inflation continues to rise, we expect Bitcoin to decouple from other risk assets in the second half of leading to a rally to new highs towards the end of the year."

CoinFlip founder Daniel Polotsky agrees with Smith.

"It is possible that the asset bubble the Fed created by keeping interest rates near 0% for over a decade may spill over into Bitcoin. However, the cryptocurrency has the gold-like fundamentals and trust to weather the storm better than its peers. While in the short term, higher inflation will make savings rates lower (meaning less disposable income to spend on investing), in the long run, people will look for alternatives like Bitcoin to escape the inflation," he said.

Now is the time to buy BTC, according to the majority (61%) of the panel. An additional 29% say it's time to hodl, while just 10% say it's time to sell.

Several panelists, including Finder's founder Fred Schebesta, say it's time to buy BTC.

"Cryptocurrencies are proving to be a staple competitor to the traditional financial infrastructure of the world, and many projects are now well beyond the theoretical realm of potential value and into reliable delivery… One powerfully unique aspect of the cryptocurrency landscape is that there are now a number of decentralized finance (DeFi) platforms that provide access to highly competitive funding, and these offerings are showing zero signs of slowing down," he said.

University of East London associate professor in law Dr Iwa Salami also acknowledges the rapid growth of the cryptocurrency market but believes this is reason to hold for now.

"The crypto-asset market has continued to thrive, with increased interest from retail and institutional investors cannot be overlooked and yes, whilst there are still huge regulatory gaps, it is important that the potential of this emerging industry to transform business and finance and to facilitate financial inclusion is not overlooked or undermined.

"The developments in the space such as the evolution of Web , facilitated significantly by technologies including blockchain, are enabling decentralization, trustless and permissionless transactions and continue to break new ground in business and finance."

However, a few panelists, including University of Western Australia associate professor Lee Smales, aren't as optimistic about the future of Bitcoin and say that now is the time to sell.

"Bitcoin seems to be bracing for a large fall. A 'double top' seems to have formed and the price could easily give up all of the gains. Ultimately, I would not be surprised if the price is less than 1, in the long term – particularly as there are more useful/efficient alternatives available."

If you are planning to buy or sell Bitcoin or other cryptocurrencies, the panel thinks the "moving average" is the most important technical indicator to consider (61%). The next most popular indicators are Bitcoin dominance (57%), the moving average convergence divergence (43%) and the relative strength index (25%).

• The moving average: This is the average change in price on an asset over a defined period of time.
• The moving average convergence divergence (MACD): This is a trend-following momentum indicator showing general bullish or bearish signs in the market.
• Bitcoin dominance: This is Bitcoin's market capitalization divided by the total market capitalization of all cryptocurrencies. Historically, it has always been above 30%.
• The relative strength index: The relative strength index tells whether a stock is overbought or oversold.
• Bollinger bands: Based on the standard deviation above and below the current moving price, Bollinger bands indicate whether price movements are relatively high or low based on recent price history.
• Fibonacci retracement levels: Fibonacci retracement levels are %, %, % and %. They indicate possible price points of resistance and support.
• The directional movement index: This is an indicator used to determine the overall direction of the price. It is derived by drawing 2 lines on the price graph DI+ and DI-. How these lines are drawn ends up revealing a conclusion on the direction of the price.
• Stochastic oscillator: This is a momentum indicator that compares the most recent closing price to a range of prices for a defined period. It is a relatively accurate indicator of price movement, especially when combined with the RSI.

With the price of BTC and other cryptocurrencies skyrocketing over the past couple of years, many investors are wondering if the market is a bubble.

Nearly 1 in 3 panelists (30%) in Finder's survey think there is a bubble, similar to the dot-com bubble of the s. However, the majority (58%) say there isn't a bubble, with 12% remaining on the fence.

Managing director at Genesis Block, Chloe White, says there are obvious bubble-like characteristics to the crypto boom.

"It is hard to defend the current market capitalization of many of the companies and protocols in the space. But it comes with the territory and reflects where we are at in the adoption cycle. That's why it's important for investors to do thorough research and to maintain a long-term perspective."

Lee Smales thinks investors will soon realize prices have moved beyond reasonable valuation.

"The ability to sell on to a 'bigger fool' will become more difficult and prices will fall sharply. This is not to say that cryptocurrencies do not have some value/utility, just that we have moved far beyond. Further headwinds will be found in CBDC and a reduction in monetary policy expansion."

Balthazar CEO John Stefanidis agrees it's a bubble but suggests that some businesses will provide value in the long term.

"Like any industry, there are winners and losers. Naturally, we're seeing a lot of great ideas that won't be correctly executed, combined with loads of investor money. This can cause a "bubble". However, over time, we're starting to see crypto businesses adding tremendous value and better solutions."

If there were a bubble or another issue that causes the crypto market to experience a downturn, nearly half (45%) say BTC would be the coin to hold should the market experience a downturn.

University of Brighton senior lecturer Paul Levy thinks Bitcoin would be the top performer in a bear market given it's an established cryptocurrency.

"In , the total value of digital currencies rose very significantly, and that was during very ambiguous conditions both in terms of financial dynamics but also wider global challenges. There is a probability that conditions will potentially stabilise. That "stability" need aligns in my view most towards the established currencies such as Bitcoin."

Bitcoin isn't the only coin our panel thinks would fare well in a crypto downturn. 15% of panelists think Ethereum would be the coin to watch in this scenario.

Daniel Polotsky is part of this group supporting Ethereum and says the most trusted and least speculative projects tend to shine during bear markets.

"Ethereum has the most developers, the most usability and nearly 10 times as much total value locked on its blockchain as its closest competitor. The project is battle-tested and is ready for a bear market, unlike other less-proven coins."

Meanwhile, other panelists, including Fred Schebesta, pointed to stable coins such as USD Coin and Tether.

"US dollars, or US dollar-pegged stablecoins, will almost always outperform cryptocurrency and equities markets during a prolonged bear market in terms of value preservation."

• Finder surveyed 33 fintech specialists from January Panelists may own some cryptocurrencies, including Bitcoin. All prices are listed in USD per BTC.

  Changes to methodology:In , this research was conducted using the simple mean of all answers supplied to Finder. From , we switched to using the truncated mean, with the top and bottom 10% of responses removed in order to attain a more consistent result. Any results quoted in this analysis have also been re-calculated using the truncated mean.

Taproot will also make changes to how transactions work, aiming to introduce an element of privacy as well as improve overall efficiency.

The Bitcoin Lightning Network

LNBits

Bitcoin Oracles aka Discrete Log Contracts (DLCs)

Bitcoin Legal Fund

The cryptocurrency sphere is crowded and becoming increasingly competitive all the time. If you're thinking of buying Bitcoin, it's important to be aware of the influences (both positive and negative) that the actions of competitors could have on the price of Bitcoin. Some of the main competitors to consider include the following:

• Ethereum (ETH). Launched in , Ethereum is a blockchain where developers can build and deploy applications, designed to be a decentralized financial layer of the Internet. Ether (ETH) is used to pay transaction fees and services, and it has long been the second-largest cryptocurrency by market capitalization.
• Ripple (XRP). Ripple offers both a payment network (RippleNet) and a cryptocurrency (XRP), and it aims to allow banks and payment providers to send fast and secure transactions around the world. It has a history as one of the top 5 cryptocurrencies in terms of market capitalization.
• Bitcoin Cash (BCH). Created in August following a hard fork of Bitcoin, BCH is designed to offer faster and cheaper transactions than BTC.
• Litecoin (LTC). Commonly referred to as "the silver to Bitcoin's gold", Litecoin was founded in and was designed to provide faster transactions than Bitcoin. It has a history as one of the top 20 cryptocurrencies by market capitalization.
• Dogecoin (DOGE). Dogecoin started as a joke, introducing the term "memecoin" to the world. Despite being launched as a protest to highlight that anyone can create a cryptocurrency, it has developed a loyal, cult-like following that has propelled it to become one of the top cryptocurrencies by market capitalization.

If you're considering buying Bitcoin (BTC), the most important points to remember are to do your research and to make yourself familiar with all the risks involved. Though this digital currency has delivered substantial returns to its early adopters, that's no guarantee of future growth.

If cryptocurrencies can continue their push into the mainstream and achieve widespread acceptance, not only among consumers but also from governments around the world, this could mean good things for Bitcoin. And if the scalability issues facing the Bitcoin blockchain can be successfully overcome, there seems to be potential for future growth.

However, don't forget that the cryptocurrency sphere is increasingly crowded, and Bitcoin is sure to face plenty of threats to its title as the world's number-one cryptocurrency from a host of well-known and professionally backed competitors. Watch this space to see how it all unfolds.

Bitcoin analysis frequently asked questions

• Bitcoin is a financial asset that rises and falls in value. It is possible to lose money by buying and owning any asset, including Bitcoin.

• Getting rich with Bitcoin depends on when you buy, how much you buy, and when you sell. It also depends on your investment strategy. You could trade the market on a day-to-day basis and capitalize on the volatility, or buy and hold Bitcoin for a long period of time to realize potential incremental appreciation in the price.

• Bitcoin is not a pyramid scheme as there is no central organizing entity for Bitcoin, nor is recruitment necessary for Bitcoin to survive or grow. Bitcoin will function fine regardless of the number of people who have invested or are holding the asset.

• The answer to this question depends on what you think the upper limit for the total market capitalization of Bitcoin to be. Some believe that Bitcoin will one day become the world reserve currency – if this is the case, then it's not too late to buy Bitcoin. Others believe Bitcoin will be overtaken by one of its many competitors, in which case you may be too late to capture any gains.

• It is impossible to predict the exact price of Bitcoin at any point in However, market analysts surmize that Bitcoin could surpass $K per Bitcoin during

• It is impossible to predict the exact price of Bitcoin several years from now. However, if Bitcoin continues its current price trajectory, it could be worth several hundred thousand dollars per coin by It is also possible that a competitor cryptocurrency reduces Bitcoin's dominance in the market, stagnating its growth and potentially decreasing its price.

• It is impossible to predict the exact price of Bitcoin at the end of this decade. However, if it continues its current price trajectory, analysts say that Bitcoin could reach as much as $1 million per coin by At this point in time, it would have a total market capitalization of twice that of gold.

Bitcoin (BTC) has been quite an interesting investment opportunity for institutional investors in The desire for a reliable, long-term store of value is appealing. Unlike fiat money, BTC has a limited supply.

Bitcoin was created with the idea of an electronic peer-to-peer cash system. It is unlike any government-issued fiat currencies, such as the US Dollar or the I like to make money get turnt g eazy. The decentralization allows users to send funds to each other without going through any intermediaries.

In this article, we will analyze Bitcoin’s price using multiple time frames.

At the time of this writing, BTC is ranked as the largest cryptocurrency, according to CoinMarketCap. The market cap is sitting around $ billion.

Bitcoin gives users control over financial stability instead of financial institutions. It is an asset that inspired thousands of new cryptocurrencies. Due to it outperforming other asset classes during the previous decade, it has become one of the most preferred investment options

What does BTC have for us in ? Let's take a deeper look!

Using the logarithmic chart, we get a better long-term picture.

According to the monthly time frame, the trend is in favor of the bulls. BTC is now testing a major support level.

The structures on the left leave clues. You can see that this is a major support level for BTC. Last time, BTC spent roughly three months sitting on the level.

$35, is a key psychological level, a close below it may cause the price to continue making lower lows, 2022 bitcoin price chart. The bulls need to turn it up a level if they want to keep the bullish channel structure. There is no confirmation of direction yet.

A similar structure could be observed back in when BTC formed a bullish channel. Fast forward to today's price action, we are looking to confirm the support. Roughly 7 days are left in the month, 2022 bitcoin price chart. Are there are signs of bulls how can you start investing in stocks the lower time frames?

Let's take a closer look!

Sticking with our logarithmic chart, we are now finding a pattern in the weekly time frame. You can see that the price is establishing short-term support.

The last time the price was at this level, there was a battle between the bulls and bears. Expect to see a similar scene play out this time as well. Let's look at a couple more details.

Let’s observe the first black circle and compare it with today's price action!

The last time price was sitting at this level, it pierced the support zone multiple times before making a new move, 2022 bitcoin price chart. This time, we are floating slightly above the support zone. Although there is no confirmation of the next direction, we do see some early signs of bull regaining control. The bulls need to take action or lose this critical level.

A confirmation of support at this level will enable BTC to retest the range’s resistance. However, if the level is lost, the price will continue to make lower lows.

Again, let’s use the logarithmic chart and shift it down to the daily time frame! This time frame gives us a better look at when to pull the trigger.

Here, we get a better picture of the channel that is being respected. The price action recently fell as low as $32, In the short term, the bears will remain in control until we see a confirmation of support.

If BTC closes above the area of interest, expect the price to continue towards the midline. However, if there is a rejection at this level, expect the price to revisit support.

Any confirmation of direction, like taking out the midline, will be a sign of bulls coming back with strength. For bears, 2022 bitcoin price chart, a rejection from $42, will push the price to revisit support. For now, the bulls have found minor support.

Last but of course not least, is observing BTC dominance using the logarithmic chart. Price action has bounced off the major support.

The last time the price was at this level, 2022 bitcoin price chart, the Bitcoin dominance (BTCD) increased by 40%. If BTCD increases, 2022 bitcoin price chart investors to return to BTC.

In times of uncertainty, investors fled to what is more stable. In the cryptocurrency world, that rock is BTC. As it continues to gain exposure, stability will likely follow. Institutions will continue to slowly accept BTC and adopt it as a payment method.

For now, BTC dominance is at a major support level.

• BTC on the monthly time frame shows that the trend is in favor of the bulls.
• BTC on the weekly time frame shows that there is no confirmation of the next direction.
• BTC on the bitcoin price august 1 2022 time frame shows that the bulls best hard money lenders for first time investors found a short-term support level.
• BTC dominance is at major support.

Remember that this is all based on the subjective views of the writer. As always do your own research.

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