Bytecoin (BCN)
1. Fundamental Analysis
1.1 Introduce
Bytecoin is a private, decentralized cryptocurrency with open source code that allows everyone to take part in the Bytecoin network development. Privacy and security come naturally from using Bytecoin. Instant private transactions are provided all around the world by the Bytecoin Network, they are totally untraceable, and they don’t require any additional fees.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BCN | Market Cap | 54065076 |
| Name | Bytecoin | White Paper | -- |
| Web Site | https://bytecoin.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.bytecoin.org/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 184470000000 | |
| Supply | 184470000000 | Release Date | 2012-07-04 |
| Available Supply | 184020000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart shows a pattern of consolidation and potential trend reversal. The market is in a range-bound phase, with a slight upward bias. The price is hovering near the higher end of the range, and there is a possibility of a breakout to the upside. Volume is increasing, indicating growing interest in the asset. A cautious bullish outlook is suggested for the near term.
