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Cryptocurrency

Latest Bitcoin price along with analysis (BTC to USD).

Price of Bitcoin remains in a bullish posture following a remarkable month close at $13,850, which is a matter of basis points away from its highest ever monthly close.

Bitcoin Value activity has become bolstered by PayPal’s recent announcement that it would start facilitating cryptocurrency buys and also sells.

This followed an influx of institutional investment earlier this year, with MicroStrategy buying $475 million worth of Bitcoin in September before Square invested $50 million itself.

With all basic variables these days seemingly in place, from a technical point of view Bitcoin is actually in an even stronger position with the before obstinate $13,000 amount of resistance now becoming a level of support.

If Bitcoin Price Today is able to establish a platform in this region it will almost certainly develop a move towards a brand new all-time high prior to the season is over – Buy Bitcoin.

But, it is worth noting that actually during 2017’s sensational bull market, short term sell offs happen far more often.

This’s typically due to high net-worth traders taking profits, which causes a cascade in liquidations as well as sell orders from those using top leverage.

Around this point, even if Bitcoin Price suffers a sell-off to $12,600 it would remain in a bullish long-term position, though it is worth taking into consideration that the upcoming US election could cause volatile swings across almost all global markets. Read:

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Bitcoin pricing Current fresh BTC pricing information as well as active charts are readily available on our site 24 hours a day. The ticker bar at the bottom part of every page on our website has the latest Bitcoin selling price. Pricing also is available in a range of various currency equivalents:

Bitcoin Price USD BTC to USD

British Pound Sterling: BTCtoGBP

Japanese Yen: BTCtoJPY

Euro: BTCtoEUR

Australian Dollar: BTCtoAUD

Russian Rouble: BTCtoRUB

What is Bitcoin?

In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called Bitcoin: A Peer-to-Peer Electronic Cash System. It was penned by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are.

The paper outlined a method of using a P2P network for electric transactions without relying on trust. On January 3 2009, the Bitcoin network came into existence. Nakamoto mined block number 0 (or the genesis block), which had a reward of fifty Bitcoins.

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