Bitcoin News

very useful information, please keep updating so that I can keep up with the development of BTC, if possible I will try to buy BTC until the price rises again to 10,000 usd.

A hong kong company named CoinFlex says it will roll out physically backed Bitcoin, Ethereum and Bitcoin Cash futures in a matter of days. These will be settled in cryptocurrency not cash. Other countries are starting to roll out crypto financial products. I don't think the US will wait much longer to regulate it's own futures or ETF. Once this happens BTC and ETH will explode.

very useful information, please keep updating so that I can keep up with the development of BTC, if possible I will try to buy BTC until the price rises again to 10,000 usd.

Former Second and founder of Galaxy Digital, Michael Novograts stated that he believes BTC will reach $ 10,000 around the first quarter by 2019. This will probably bring BTC to higher peaks than the end of 2017 at IDR 226 million.

but, not everyone predicts prices will rise, some predict BTC will remain stagnant.

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Bitcoin price analysis

This past week, we saw a lot of rejection near the $ 3.900 bitcoin price and $ 3.860 against the US Dollar. The BTC / USD pair peaked near the level of $ 3,860 and then started moving downwards. it broke the support level of $ 3,800 and $ 3,760 to move to the bearish zone. the recent decline was very important because prices settled below the $ 3,800 level and a simple 100 hour moving average. The decline was such that prices even broke the support level of $ 3,720.

Fundamental Analysis

Created by a mysterious figure known only by his pseudonym, Satoshi Nakamoto, Bitcoin (BTC) is designed to allow users to store and transfer values without the need for centralized intermediaries or institutions such as banks.

Since it was founded in 2009, Bitcoin was initially filled with a lot of praise and has been praised for its potential to compete with VISA as a global payment option. However, a few years later, Bitcoin became the subject of much research because its limited network capacity was evident while transaction costs rose to almost $ 40 during the December increase.

This oversight is welcomed by the enhancement of the Segregated Witness (SegWit) network, which was activated on August 23, 2017, and greatly increased the capacity of the Bitcoin blockchain and increased its position against competing high-throughput blockchain technology.

During the bear market, Bitcoin (BTC) has fallen less than ten other top cryptos. Therefore, we at BeInCryptoexpect BTC maintain relative strength in this bear market - reaching a low of around $ 4,000 to close 2018, before seeing the rally return to $ 6,500 during 2019.


Bitcoin is one of the first blockchains to implement a second layer scaling solution, with lightning networks. The flash network is widely regarded as the second part of the solution to the Bitcoin scaling problem that was first handled with SegWit.

Being an open source protocol, anyone who has skills can contribute to the development of Bitcoin. At present, more than 350 developers have contributed to the development of Bitcoin - which is much lower than 10,000 who work on Ethereum.

Cryptowatch predicts the value of bitcoin will continue to rise after halving day. The target of the increase could be more than the previous highest price of US $ 20,000. This is because the supply of bitcoin will slow down.

The projection, in 2020, will only be 6.25 BTC per 10 minutes mined, from the current position of 12.5 BTC per 10 minutes. The system that happened 4 years ago was made to adjust the mechanism of bitcoin as electronic money, the amount of which was automatically reduced every year
Bitcoin publishing stops completely when it reaches its limit of 21 million bitcoin.
Currently Bitcoin miners are fully supported by a number of small nominal transaction costs.

Christopher Tahir, the Co-founder & Business Partnership of CryptoWatch, said that the increase in the value of bitcoin in 2020 will not accelerate like last 2017. At that time bitcoin was selling well because it was popular without deepening its usefulness and value.

This has caused a slowdown in the number of transactions in Indonesia

But if monitored by the bitcoin capital market, the crypto currency value was recorded year on date (yod), down 30% from IDR 57,968,000 to IDR 55,914,000. This decrease was acknowledged by Christopher to be used to take advantage of the price volatility.

Because, in the future the investment prospects are promising. The prestige of Bitcoin will skyrocket when the Security Token starts operating. Security Tokens are when these currencies are made exactly like shares but in the form of tokens.

So that transfers are easier without limits and the value of the currency is judged by the company's performance. So that the hope is that the government is also ready to facilitate in the form of a clearer legal umbrella.

The CBOE withdrew their bitcoin futures a couple of days ago. They said this was because of a lack of interest. This makes no sense since the CBOE has a Bitcoin ETF that they are trying to get approved. It's possible that they withdrew their futures product because they know the ETF will get approved soon.

news of this ETF will always be approved in the past, but in reality it is always postponed and rejected, this is like a drama, so the price of bitcoin goes up and down so quickly by this news.