Sunday, February 21, 2021

BTCUSD breakout at level 57549.37

BTCUSD again reached its highest record level on Saturday February 20, 2021 at the level of 57549.37. On Sunday, February 21, 2021, at the time of this posting, the lowest daily Bitcoin level was at 53899.50 and the highest level was at the level of 56897.27 to trade BTCUSD I use the Exness and ICMarkets brokers, which can trade 7x 24 hours a week .
Bitcoin as the world's number one and most famous cryptocurrency jumped by 92%.One of the increases in bitcoin is because Ellon Musk as CEO of Tesla and founder of electronic payments Paypal has bought Bitcoin for 1.5 billion US dollars and in the near future will receive payments from Bitcoin,

For traders who use Elliott Wave Tehnical theory or other technical techniques, BTCUSD must enter a correction level, the possibility of a correction can occur sharply, because seen from a long rally the increase has entered the level of wave 5, after that correction there is a possibility that BTCUSD will be bullish again because of the level. the belief is already positive in this cryptocurrency.

What is bitcoin? 

Bitcoin is a currency in electronic form, also known as virtual currency, digital currency, or crypto currency, so there is no physical form and is stored on the internet and is commonly used in online transactions.

Bitcoin was introduced by Satoshi Nakamoto in 2009, which defines Bitcoin as a peer-to-peer electronic payment system to operate without a central authority or bank; management of Bitcoin transactions and issuance is carried out collectively by the network. Bitcoin is open-source and public, there is no interference by the government of a country or any institution that claims to own or control this cryptocurrency and everyone can participate. 

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