A cryptocurrency is a form of digital money which means it can be stored on a computer or phone. Bitcoin is a type of cryptocurrency there are no physical Bitcoins only e transparent access.  In the public ledger, you can see each and every Bitcoin transaction that ever been made. Bitcoin has a value the same as gold. 

Blockchain plays and vital role in Bitcoin blockchain is a linked body of data made up of units called blocks that contains information about each and every transaction.  Blockchain work like a Google dog it means it’s not controlled by any one organization.  You can use Bitcoin as an alternative investment

Bitcoin’s Rise & Fall 2020 – 2021:

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In 2011 electronic for Frontier Foundation a non-profit group started to accepting Bitcoins in January 2011 but then in June 2011 they stopped accepting them but in June 2011 WikiLeaks and other organizations begin to accept Bitcoin for donations. 

The number of businesses accepting Bitcoin continued to increase in January 2017. Japan pastoral or to accept Bitcoin as a legal payment method.  From January 2019 to March 2010 no exchange or market or no buyer was found basically market was down in 2009 and March 2010. In 2017 December price lost one-third of its value in 24 hours in February 2018 price dropped by 50% in 16 days on 31st October 2018 on the 10th anniversary of the prize and strictly about 6,000$ during a period of historically low volatility. 

On 7th December 2018 price drop by 76 % from the previous year and a 15 month low. On 16th March 2020 price drop by 50% in early 2020 losing 25% in 24 hours early in the covid-19 pandemic.  But fortunately, on 27th July 2020 Bitcoin price recovered value lost in the covid related crush on 30th November 2020 Bitcoin price reached in a new all-time high of $19,850.11.

On 8 January 2021 Bitcoin traded as high as $41, 973. But on January 11 2021 price fall by 26%. Fortunately on the 8th February 2021 Bitcoin price surge after Elon musk and Tesla announcements of investment into the Bitcoin include acceptance of payment. 19 May 2021 Bitcoin price jobs to about $38000 following suggestion Tesla had sold or will sale its Bitcoin Holdings

Bitcoin Price Prediction 2021:

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From the above section, you already know that Bitcoin price is fluctuating more on the lower side Bitcoin price has been fluctuating between 32k to 40k. It is very difficult to predict the price of Bitcoin as anything can happen in Bitcoin however many crypto experts thinks that in June Bitcoin could go up to 39,428$.

But from the above section, you’ll have the idea that Bitcoin is more falling downward, even in an interview Donald Trump said that he believes Bitcoin to be a scam and in the past few weeks since may 19 a lot of negative news about Crypto has been emerging from around the world. 

Bitcoin Price Prediction In 2025:

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It is very difficult to predict the Bitcoin market right now Bitcoin is not doing any profit even market is falling down but some Crypto experts believe that Bitcoin will reach above $360,000 by 2025.

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