BTC Price Prediction & Analysis: BTC Dropped In Price, Is This A Buying Opportunity, Will BTC Reach $100,000 USD?

BTC Analysis & Price Prediction

Disclaimer: This article is for entertainment and educational purposes only. It is not intended as financial advice. I am not a financial adviser so, be sure to research with due diligence before making any investments.

In this article, I will try my best to analyze the current and future price of BTC.

What Is Bitcoin (BTC) ?

Bitcoin is a decentralized digital currency (aka a cryptocurrency) and payment system that records transactions in a distributed ledger called a blockchain. It was invented by an unknown group or person by the name Satoshi Nakamoto , who published the invention in 2008 and released it as open source software in 2009. It is the first decentralized digital currency, meaning the system works without a single administrator or central bank, you can use them in every country, your account cannot be frozen, and there are no prerequisites or limits .

Bitcoin is both a cryptocurrency and a blockchain.

Bitcoins are transferred directly from person to person, also known as peer to peer. The cryptographic transactions are verified by a…