Bitcoin (BTC) is the cryptocurrency of the Bitcoin blockchain. The Bitcoin blockchain is open-sourced, allows anyone to use BTC as a store of value, and also to be able to send it from one person to another. Most of the present blockchains like the Litecoin and Ethereum blockchains were developed with the knowledge that the developers got from the Bitcoin blockchain. Presently, transactions in the Bitcoin blockchain are completed by paying mining fees in the form of mining fees. Technologies such as the Lightning Network (LN) were developed to reduce the cost of BTC transactions and also to increase the speed of their execution. What is Bitcoin? Bitcoin is a cryptocurrency that was founded by Satoshi Nakamoto. BTC whitepaper was written in 2008 and the first Bitcoin was mined on January 3rd, 2009. There are offer 750 developers who had added to Bitcoin source code in GitHub since it was launched. Over 18,980,693 BTC has been mined out of its total supply of 21 million. Bitcoin is a community-driven coin that wants to ensure that everyone in the world can transact with ease and also use the coin as a means of payment for different services around the globe. Let’s see the Bitcoin price analysis for the coming years. Price Analysis of Bitcoin Coin Flashback: Fundamental Analysis of Bitcoin Fundamental analysis has to do with ways through which news and announcements can affect the price of an asset. In the Bitcoin community, ther...
