Bitcoin Profile

BTC
 Crypto
  

USD 18,895  388.42  2.01%   

Market Performance
0 of 100
Odds Of Distress
Less than 2
Bitcoin is trading at 18894.61 as of the 1st of July 2022, a -2.01 percent down since the beginning of the trading day. Bitcoin has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Cryptocurrency ratings for Bitcoin are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2022 and ending today, the 1st of July 2022. Click here to learn more.
Bitcoin is peer-to-peer digital currency powered by the Blockchain technology. Bitcoin uses peer-to-peer technology to operate with no central authority or banks managing transactions and the issuing of bitcoins is carried out collectively by the network. More on Bitcoin

Moving together with Bitcoin

0.99ETHEthereumPairCorr
0.95DOGEDogecoinPairCorr
0.96LTCLitecoinPairCorr
0.9XMRMoneroPairCorr
Bitcoin is an online market maker for p-2-p internet money called Cryptocurrency. Bitcoin has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Bitcoin are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Bitcoin are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Bitcoin Crypto Coin Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Bitcoin's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bitcoin or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Bitcoin generated a negative expected return over the last 90 days
Bitcoin has high historical volatility and very poor performance
Latest headline from www.coindesk.com: How Are Institutions and Companies Investing in Crypto - CoinDesk
Thematic IdeaUSD Crypto Fund (view all)
Exchanges
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AlgorithmSHA-256
Coin TypeBitcoin
Proof TypePoW
TechnologyBlockchain
Current Block Number743.1 K
Average Time To Mine a Block508
Current Network Hashes per Second248537978924.4 B
Total Coins Mined19.08 Million
Latest Block Reward6.25
Circulating Supply19.08 Million
Maximum Supply21 Million
Launch Date2009-01-03
Whitepaperhttps://www.cryptocompare.com/media/37745820/bitcoin.pdf
Websitehttps://bitcoin.org/en/
Bitcoin (BTC) is traded on CRYPTO Exchange. Bitcoin is peer-to-peer digital currency powered by the Blockchain technology. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Although other cryptocurrencies have come before, Bitcoin is the first decentralized cryptocurrency - Its reputation has spawned copies and evolution in the space.With the largest variety of markets and the biggest value - having reached a peak of 318 billion USD - Bitcoin is here to stay. As with any new invention, there can be improvements or flaws in the initial model however the community and a team of dedicated developers are pushing to overcome any obstacle they come across. It is also the most traded cryptocurrency and one of the main entry points for all the other cryptocurrencies. The price is as unstable as always and it can go up or down by 10%-20% in a single day

Bitcoin Target Price Odds Analysis

What are Bitcoin's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Bitcoin jumping above the current price in 90 days from now is over 95.64%. The Bitcoin probability density function shows the probability of Bitcoin crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the crypto coin has a beta coefficient of 1.0866 suggesting Bitcoin market returns are sensitive to returns on the market. As the market goes up or down, Bitcoin is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Bitcoin is significantly underperforming DOW.
  Odds Below 18894.61HorizonTargetOdds Above 18894.61
4.34%90 days
 18,895 
95.64%
Based on a normal probability distribution, the odds of Bitcoin to move above the current price in 90 days from now is over 95.64 (This Bitcoin probability density function shows the probability of Bitcoin Crypto Coin to fall within a particular range of prices over 90 days) .
Bitcoin is peer-to-peer digital currency powered by the Blockchain technology. Bitcoin uses peer-to-peer technology to operate with no central authority or banks managing transactions and the issuing of bitcoins is carried out collectively by the network. Although other cryptocurrencies have come before, Bitcoin is the first decentralized cryptocurrency - Its reputation has spawned copies and evolution in the space.With the largest variety of markets and the biggest value - having reached a peak of 318 billion USD - Bitcoin is here to stay. As with any new invention, there can be improvements or flaws in the initial model however the community and a team of dedicated developers are pushing to overcome any obstacle they come across. It is also the most traded cryptocurrency and one of the main entry points for all the other cryptocurrencies. The price is as unstable as always and it can go up or down by 10-20 percent in a single day

Bitcoin Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bitcoin market risk premium is the additional return an investor will receive from holding Bitcoin long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bitcoin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bitcoin's alpha and beta are two of the key measurements used to evaluate Bitcoin's performance over the market, the standard measures of volatility play an important role as well.

Bitcoin Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Bitcoin Price Ceiling Movement function is a real number to the largest previous price integer.
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Bitcoin Against Markets

Picking the right benchmark for Bitcoin crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bitcoin crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bitcoin is critical whether you are bullish or bearish towards Bitcoin at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Bitcoin without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to invest in Bitcoin

You need to understand the risk of getting into digital currencies such as BTC before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Bitcoin in four ways:

Buy BTC through an exchange

Get yourself a crypto wallet before embarking on your Bitcoin journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Bitcoin. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Bitcoin through an exchange

You don't have to buy a full token when starting out since BTC is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Bitcoin through a broker

If you don't want to store your Bitcoin Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in BTC through an exchange-traded fund (ETF)

You can also invest in BTC through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Bitcoin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Continue to Trending Equities. Note that the Bitcoin information on this page should be used as a complementary analysis to other Bitcoin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Tools for Bitcoin Crypto Coin

When running Bitcoin price analysis, check to measure Bitcoin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bitcoin is operating at the current time. Most of Bitcoin's value examination focuses on studying past and present price action to predict the probability of Bitcoin's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bitcoin's price. Additionally, you may evaluate how the addition of Bitcoin to your portfolios can decrease your overall portfolio volatility.
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