Question 1

What determines the price movement of BitCore (BTX)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like BitCore.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of BitCore, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of BitCore. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of BitCore on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of BitCore. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for BitCore and the broader cryptocurrency market.

Question 2

What is the highest price of BitCore price in history?

Accepted Answer

BitCore achieved the all-time high of 38.84 in 2017-11-16, and is currently trading at 0.04797956.

Question 3

What is the lowest price of BitCore price in history?

Accepted Answer

BitCore reached its all-time low of  0.00307 on 2017-06-14.

Question 4

What is the current market cap of BitCore?

Accepted Answer

The current market cap of BitCore is  948873.2562083838, as 19776614.37929785 BTX is trading at the price of 0.04797956.

Question 5

How many BitCore are there in the market?

Accepted Answer

There are currently 19776614.37929785 BTX circulating in the market. These BitCore can be actively traded or used in the open market.

Question 6

What is the maximum supply of BitCore?

Accepted Answer

The maximum supply of BTX is 21000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of BitCore?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of BitCore is 1007570.760000000. The FDV is calculated taking the assumption that all supply of BitCore is circulation, multiplied by its current price of  0.04797956.

Question 8

What is the price prediction of BitCore ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>BitCore price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is BitCore a good investment?

Accepted Answer

BitCore offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that BitCore and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in BitCore.

Question 10

How to buy BitCore?

Accepted Answer

You can buy BitCore via Gate by following the steps on <0>how to buy BTX once you have funded your account.

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