Bushra2345
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#vanar $VANRY
Everyone loves using linear charts on weekly $BTC — but they can be misleading.
Linear scale treats price as simple dollar moves.
That works for short-term swings, but not for an asset like Bitcoin that grows exponentially over cycles.
Here’s the issue:
• Early cycles get compressed
• Recent moves look exaggerated
• Macro bottoms and long-term support appear much lower than reality
If you want real macro structure, use log scale.
Log scale:
✔ Respects percentage growth
✔ Keeps market cycles proportional
✔ Shows the true long-term trend and support
##Bitcoin
#BTC #CryptoTrading
#LogScale #MarketStructure
Everyone loves using linear charts on weekly $BTC — but they can be misleading.
Linear scale treats price as simple dollar moves.
That works for short-term swings, but not for an asset like Bitcoin that grows exponentially over cycles.
Here’s the issue:
• Early cycles get compressed
• Recent moves look exaggerated
• Macro bottoms and long-term support appear much lower than reality
If you want real macro structure, use log scale.
Log scale:
✔ Respects percentage growth
✔ Keeps market cycles proportional
✔ Shows the true long-term trend and support
##Bitcoin
#BTC #CryptoTrading
#LogScale #MarketStructure
Bitcoin
Bitcoin
$BTC Bitcoin is a digital currency created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It is the first decentralized cryptocurrency, which means it is not controlled by any government, bank, or company. Bitcoin allows people to send and receive money over the internet directly without needing a middleman.
How Bitcoin Works
Bitcoin works on a technology called blockchain. A blockchain is a public digital ledger that records all Bitcoin transactions. Every transaction is stored in blocks, and these blocks are linked together in a chain.
Bitcoin transactions are verified by computers called miners. Miners solve complex mathematical problems to confirm transactions and add them to the blockchain. In return, they receive new bitcoins as a reward. This process is called Bitcoin mining.
Features of Bitcoin
Decentralization – No central authority controls Bitcoin.
Transparency – All transactions are recorded on the blockchain.
Limited Supply – Only 21 million bitcoins will ever exist.
Security – Bitcoin uses strong cryptography to secure transactions.
Global Access – Anyone with internet access can use Bitcoin.
Advantages of Bitcoin
Fast international payments
Lower transaction fees compared to banks
Protection against inflation (due to limited supply)
Financial freedom and privacy
Disadvantages of Bitcoin
Price volatility (value changes quickly)
Not widely accepted everywhere
Risk of hacking or scams
Requires technical knowledge
Uses of Bitcoin
Online shopping
Investment and trading
International money transfers
Store of value (like digital gold)
Conclusion
Bitcoin has changed the world of finance by introducing a new way of transferring money without banks. Although it has some risks and challenges, it continues to grow in popularity. Many people see Bitcoin as the future of digital currency and financial systems.
$BTC Bitcoin is a digital currency created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It is the first decentralized cryptocurrency, which means it is not controlled by any government, bank, or company. Bitcoin allows people to send and receive money over the internet directly without needing a middleman.
How Bitcoin Works
Bitcoin works on a technology called blockchain. A blockchain is a public digital ledger that records all Bitcoin transactions. Every transaction is stored in blocks, and these blocks are linked together in a chain.
Bitcoin transactions are verified by computers called miners. Miners solve complex mathematical problems to confirm transactions and add them to the blockchain. In return, they receive new bitcoins as a reward. This process is called Bitcoin mining.
Features of Bitcoin
Decentralization – No central authority controls Bitcoin.
Transparency – All transactions are recorded on the blockchain.
Limited Supply – Only 21 million bitcoins will ever exist.
Security – Bitcoin uses strong cryptography to secure transactions.
Global Access – Anyone with internet access can use Bitcoin.
Advantages of Bitcoin
Fast international payments
Lower transaction fees compared to banks
Protection against inflation (due to limited supply)
Financial freedom and privacy
Disadvantages of Bitcoin
Price volatility (value changes quickly)
Not widely accepted everywhere
Risk of hacking or scams
Requires technical knowledge
Uses of Bitcoin
Online shopping
Investment and trading
International money transfers
Store of value (like digital gold)
Conclusion
Bitcoin has changed the world of finance by introducing a new way of transferring money without banks. Although it has some risks and challenges, it continues to grow in popularity. Many people see Bitcoin as the future of digital currency and financial systems.
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