17 Years of Bitcoin: How the Top Cryptocurrency Redefined Money
- Decentralized Origin: Bitcoin went live on January 3, 2009, demonstrating for the first time that digital scarcity could exist without intermediaries through the mining of a single block, marking a fundamental shift in the financial system.
- Immutable Foundation: The embedded newspaper headline in the Genesis Block not only anchors Bitcoin's history to a specific date but also conveys its philosophical stance against central intervention, reinforcing its identity as a decentralized currency.
- Value Creation, Not Extraction: The 50 bitcoins generated by the Genesis Block are permanently locked and cannot be spent, indicating that the creator did not extract value at launch, viewing Bitcoin as an experiment in monetary design rather than a profit-driven venture.
- From Experiment to Global Asset: Initially a proof of concept, Bitcoin has evolved into a global financial asset over the years, yet its foundation remains unchanged, serving as a reminder that Bitcoin began as an idea allowed to run freely.
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Technical Analysis for SATS
Technical Sentiment Analysis for SATS (Ordinals) (SATS) As of , SATS (Ordinals) (SATS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SATS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SATS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
SATS (Ordinals) (SATS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000000144 | 0.00000000472 | 0.00000000865 | 0.0000000119 | 0.0000000159 | 0.0000000191 | 0.0000000231 |
| Fibonacci | 0.00000000472 | 0.00000000747 | 0.00000000917 | 0.0000000119 | 0.0000000147 | 0.0000000164 | 0.0000000191 |
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