BITCOIN MONTHLY BTCUSDT SPOTBYBIT:BTCUSDTShavyfxhubWhat Is Bitcoin? Created in 2009 by the pseudonymous Satoshi Nakamoto (identity still unknown). It is a decentralized digital currency (no central bank or government controls it). It runs on a blockchain — a public, distributed ledger that records all transactions transparently and securely using cryptography. Key features: Fixed supply: Capped at 21 million coins (makes it scarce, often called "digital gold"). Mining: New bitcoins are created through mining (solving complex computational puzzles). The reward halves roughly every 4 years ("halving"), which reduces new supply over time. The most recent halving was in April 2024. Peer-to-peer: You can send/receive BTC directly without intermediaries like banks. Uses: Store of value, medium of exchange, investment asset. Held in digital wallets; traded on exchanges. Bitcoin's value comes from scarcity, network security, adoption (e.g., ETFs, corporate treasuries), and its role as a hedge against inflation or fiat currency issues. Current Market Context (as of July 2026) Price: Trading around $62,000 – $64,000 (fluctuating; recently recovered from lows near $58,000 in June). It hit an all-time high around $124,000 – $126,000 in October 2025, followed by a significant correction (down ~45-50%). Predicting exact market bottoms is highly speculative and uncertain. No one can know for sure — past performance doesn't guarantee future results. Bitcoin is volatile and influenced by macro factors (interest rates, USD strength, regulation, ETF flows, global liquidity, sentiment). #BITCOIN