Bitcoin is the first and most valuable cryptocurrency in the world that was invented in 2008 and was launched officially in 2009. This blockchain-based currency has several unique features and was created with the aim of becoming a payment method without restrictions and censorship, but currently it is considered as one of the best and most profitable assets for investment.
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The first cryptocurrency, called Bitcoin (BTC), was designed in 2009 to become a peer-to-peer electronic cash system. It is also a virtual asset controlled by a decentralized network of users. Given the sharp price fluctuations and the many changes that have taken place over the years since its introduction and launch, Bitcoin seems to experience a significant increase in value in the coming months and years.
Bitcoin price forecasting is done by considering the fundamental and technical principles of this cryptocurrency with the aim of identifying long-term and short-term price trends in the BTC chart. Although it is not possible to predict the price of these assets 100% due to the volatile nature and instability of cryptocurrencies, the unique features of Bitcoin and its widespread acceptance in various uses around the world, show a bright future of this currency.
Experts and analysts of credible sources have a positive attitude towards the future of Bitcoin and the cryptocurrency market according to the technical analysis and available data. You can read the comments and forecasts of Bitcoin prices from reliable sources in the table below.
Bitcoin price forecasting services predict possible rates for bitcoin prices by considering various factors and accurate analysis of market data. Due to the volume and comprehensiveness of the available data in these services, their predictions are usually close to reality.
As Bitcoin continues to receive significant reactions years after its introduction and launch as the first cryptocurrency in history, a question that may be on the minds of many investors and cryptocurrency enthusiasts is how the future of Bitcoin is predicted, despite the thousands of coins and tokens that have been launched since then? And whether Bitcoin has a future or not.
The answers to such questions are complicated. Although Bitcoin may never be able to overthrow the dollar or other major currencies issued by central banks, its technology will undoubtedly change the way payments, banking and other financial transactions are made. These changes will bring many benefits, although there are significant disadvantages. That is why governments must play a key role in balancing.
The main attraction that guarantees the future of Bitcoin is that it enables users to make financial transactions using only their digital identity, and carry out these transactions without using the Fiat currency issued by the National Central Bank or relying on a trusted intermediary such as a commercial bank or credit card provider.
The technology that makes this masterpiece, called blockchain, is truly innovative. All bitcoin digital transaction and account information is recorded in the General Digital Ledger, which is visible to anyone connected to the Internet and stored on several computers around the world. Remarkably, it is the intense transparency that makes the blockchain safe and anti-manipulation.
All of these features, along with the widespread acceptance of this cryptocurrency, have brightened the future of bitcoin, and it seems that none of the altcoins introduced after this cryptocurrency are even close to competing with bitcoin in terms of price and They have not reached market value.
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