Bitcoin Price Online - BTC/USD Live Chart

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Bitcoin is an extremely popular and liquid electronic currency. In this section, you can find last-minute information about the BTC/USD price, and use the price chart to see the dynamics of the BTC/USD pair.


Bitcoin technology is based on the P2P principle, which allows you to work without the involvement of a centralized authority or bank. Bitcoin is developed publicly and is not owned or controlled by anyone. Owing to its unique properties, this cryptocurrency can be used in many areas of finance.

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BTC/USD forecast for different timeframes

The BTC/USD price forecast is given based on a technical analysis of moving averages and indicators for each timeframe (interval) separately. Choose the interval that suits you.

NOTE!

Signals may differ on different timeframes. If you want to hold a position for more than a week, it is preferable that you use signals on the daily and weekly timeframes. For short-term trades, timeframes from 5 minutes to 1 hour are better suited.

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BTC/USD Price | Expert Summary

Bitcoin is the first cryptocurrency both in terms of age and capitalization. Since the generation of the first block in January 2009, the Bitcoin price has shown tremendous growth from a fraction of a cent to $69,000 in 2022. Steady growth makes Bitcoin one of the best investments in history for long-term holding.


The deflationary nature of Bitcoin plays favorably on its price. Over the years, the Bitcoin supply has only been decreasing, making it an ever bottleneck commodity. The same can't be said for the classic dollars and euros, which lose their purchasing power because of emission.


Many experts call Bitcoin digital gold due to its ability to store value. However, at times, the BTC price can be extremely volatile and the cryptocurrency may experience a correction of up to 80%, which adds relevance to the price forecasts from experts. The Bitcoin price also largely affects other cryptocurrencies, so it should always be monitored as a benchmark (an indicative asset in the market).


Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

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FAQs

Why do Bitcoin prices differ for different timeframes?

This situation may arise because the signals are based on the dynamics of moving averages and other indicators for technical analysis for each timeframe separately. It is quite possible that long timeframes can show one direction, and short ones, just the opposite.

What is the best timeframe for BTC trading?

For long-term investments, daily and weekly timeframes should be preferred. For short-term speculation, timeframes from 5 minutes to 1 hour can be considered optimal.

What impacts the price of Bitcoin (BTC/USD)?

Bitcoin’s price is formed under the influence of supply and demand changes in the cryptocurrency market. The demand is generated by private and institutional investors. The supply largely depends on speculative factors in the world markets and sales from miners.

Will the Bitcoin price only rise in the future?

Many experts believe that Bitcoin will grow in the long run. However, this growth will not be unstoppable. Strong corrections in the market will also occur, as has often happened in the past. If you buy a cryptocurrency at a high price, there is a risk of a loss.