Today: 2021-10-26 Disclaimer: This is not a financial advice

Is it a Good Time to Buy Bitcoin Right Now?

Current Price
$62555.0
All Time High: $67277.0

Bitcoin is down -6.94583% from its highest price on 2021-10-20.

1/5
Avarage Daily Volume: $31,636,318,045.00

Bitcoin has a daily trading volume of $31,636,318,045.00 which it will make it super easy for you to sell your holdings of Bitcoin

Community

Bitcoin has 6980315 total followers in all its social media accounts.

5/5
Exchanges

Bitcoin is listed on 100 exchanges

5/5
Price Potential

Bitcoin price value has the potential to increase to $405177.71 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's So Good time to invest in Bitcoin right now. We give it all overscore of

3.5/5

Do you think it's a good time to buy Bitcoin right now?

Yea Nay


1 People think it's a good idea to buy Bitcoin while 0 think not.

Summary of Bitcoin(BTC):

Bitcoin(BTC) today price is $62555.0, which is down -6.94583% from it's all time high. The avarage daily volume is $31,636,318,045.00 and you can trade Bitcoin on 100 exchanges.

6980315 people are following Bitcoin in all social media accounts.

Our algorithm believes it's So Good time to invest in Bitcoin with confident score of 3.5 out of 5.

What is Bitcoin(BTC)?

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process. Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks. Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes. Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on. The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.