Bitcicoin (BITCI)
1. Fundamental Analysis
1.1 Introduce
Bitcicoin is the intersection and common share of smart contracts, crypto asset management systems, crypto asset storage and transfer services, fan tokens, real estate tokenizations, blockchain infrastructure products and services that are if not yet already, soon will be offered to the private and public sector, operating on the Bitcichain network. It represents the value of Bitcichain blockchain and binds all products and services offered in the Bitci Ecosystem.On the other hand, tokens of each project running on Bitcichain may easily be converted to Bitcicoin, may be traded in Bitcicoin Market or other markets on different exchanges. Partners with many globally recognized organizations, sport clubs and brands including Brazil and Spain National Football Teams, McLaren Racing, and MotoGP, Bitci Technology s current and future tokenization projects will continue to add value to Bitcicoin.Bitcicoin, aside from offering fast and secure transactions, access to international exchanges, crypto storage and transfer systems are offered as well.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BITCI | Market Cap | 4408995.675 |
| Name | Bitcicoin | White Paper | -- |
| Web Site | https://www.bitci.com/en | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bitciexp.bitcichain.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000000 | |
| Supply | 100000000000 | Release Date | 2021-12-26 |
| Available Supply | 8454450000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the K-line daily chart indicates a significant downward trend with a potential reversal. The market has experienced a sharp decline from the high point on December 7th, with a notable bearish trend evident in the closing prices. The volume has been fluctuating but has generally been lower during the decline, suggesting a lack of conviction in the bearish trend. The recent price action shows a possible bottoming out, with an increase in volume, which could indicate a potential bullish reversal. However, further confirmation is needed before making a definitive call. The next few days of trading will be crucial in determining the direction of the market.
