#ChristmasMarketAnalysis Bitcoin (BTC) is the world's first decentralized digital currency, launched in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. BTC allows for peer-to-peer transactions without the need for intermediaries like banks. Transactions are recorded on a public ledger called the blockchain, ensuring transparency and security. The total supply of BTC is capped at 21 million, making it a scarce asset. Bitcoin's value has fluctuated over the years, reaching an all-time high in 2021. It has gained widespread acceptance as a form of payment and investment, with many institutions and individuals holding BTC in their portfolios.