Will BTC remain above 20k Satoshi? 01//19 #TrialCase

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Bitcoin (BTC) chart was describing an important increase in value for the past 2 months when I analyzed the 24 hours candles.
The value of the token has recently been moving up, but prices are showing signs of correction and slow-down signs on the way toward the creation of a new resistant line at around $20k USD. The present price of BTC is set at $20739 USD. The moving average curves have crossed one time since the latest rally and the community is expecting one connection before the next breakaway. The price stabilization is expected to happen on the current course for the next couple of days. In any case, the situation should be under regular monitoring, besides it is wise to hold your bag of tokens or convert part of your gain into a stable coin BUSD or DAI.

Bitcoin is a decentralized digital currency that can be used for online transactions. It is based on a technology called blockchain, which allows for secure and transparent transfers without the need for a central authority.

One way Bitcoin can be used in daily life is for online purchases. Many online retailers, such as Overstock and Microsoft, accept Bitcoin as a form of payment. This allows individuals to use their Bitcoin holdings to make purchases just as they would with traditional currency. Additionally, Bitcoin can also be used to buy gift cards for a variety of retailers, including Amazon and Target.

Another way Bitcoin can be used in daily life is for peer-to-peer transactions. Using a service like LocalBitcoins, individuals can buy and sell Bitcoin with others in their local area, allowing for quick and easy cashless transactions. This can be useful for everything from buying a cup of coffee to splitting a dinner bill with friends.

Bitcoin can also be used as a form of investment. The value of Bitcoin can fluctuate greatly, and some individuals choose to buy and hold onto Bitcoin in the hopes that its value will increase over time. However, it's important to note that investing in Bitcoin is highly speculative and comes with significant risks.

Bitcoin can also be used for remittances. It can be used to send money across borders quickly, cheaply, and securely. It eliminates the need for a traditional remittance service and reduces the cost and time required for money transfers.

Bitcoin has many potential uses in daily life, from making online purchases and peer-to-peer transactions to investing and remittances. However, it's important to be aware of the risks involved and to understand the technology behind it before making any decisions about using Bitcoin.

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It is important to never invest more than you can afford to lose. The opinions given in this article are only for educational purposes. Please I strongly stress the point of conducting your full detailed research on the crypto you are targetting before any action in this volatile market.

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Posted Using LeoFinance ^Beta