Bitcoin (also known as "BTC") is a cryptocurrency. Think of it like money that only exists online. There is no physical form of it. It is completely digital.

There are many working theories about what Bitcoin is useful for. At Prism BTC, we firmly believe Bitcoin has established itself as a Store of Value. This means that it can be treated like many other commodities, such as gold.

There are several important advancements in finance that Bitcoin unlocks which were never possible before. Some believe Bitcoin is the future and will be the new age form of currency. Others believe it is a utility — a tool for transacting money.

The one thing that is most certain is that Bitcoin is a Store of Value. Bitcoin is unique in that it is 1. purely digital (no physical form), 2. decentralized (no one owns or controls it), and 3. limited in supply (no one can freely make more Bitcoin). This is where the value of Bitcoin comes from. Since it is a limited decentralized asset that is accessible to everyone in the world Bitcoin can be a great store of value.

Bitcoin is similar to trading other commodities or assets too. However, there are advantages to trading Bitcoin compared to other commodities or assets.

• It is very "liquid," meaning there are plenty of buyers and sellers, making it easy to get in and out of Bitcoin quickly.
• It is highly digitized. Bitcoin only exists online. Most of the data about the Bitcoin network is publicly available. Prism BTC utilizes this information to study the health of the Bitcoin network and evaluate Bitcoin's price.

Please note that Prism BTC is not a financial advisor. We are not able to recommend any stake in Bitcoin. We are simply providing information about Bitcoin and offering analysis on its price.

There are several factors to consider when dealing with Bitcoin transactions.

Prism BTC's provides information on the price of Bitcoin through many Bitcoin pricing models. You can think of a price model as a something that measures the price of Bitcoin and says if the price is high or low given the current macro situation. Every model automatically monitors and analyzes unique features about the Bitcoin network. By doing this, each model discovers patterns in Bitcoin's blockchain data and calculates if the price is high or low compared to historical trends.

Every model is uniquely built by Prism BTC with a technique called Quantitative Analysis. This technique uses mathematical and statistical methods to analyze Bitcoin. Our models at Prism BTC are valuable because they are unbiased. The models do not have any stake in Bitcoin. They have no ulterior motive. They provide an unfiltered analytical view of the Bitcoin network.

Each Prism BTC price model gives a Price Indicator. A Price Indicator is a signal for how balanced the price of Bitcoin is relative to past historical trends. It will look something like this:

Each Prism BTC price model gives a Price Indicator. A Price Indicator is a signal for how balanced the price of Bitcoin is relative to past historical trends. It will look something like this:

Prism BTC's models are built with long time horizons. Each model provides the expected time horizon for a trend to complete. The duration for a trend can be anywhere from 6 months to 3 or 4 years.

Prism BTC focuses on longer time horizons because it is very difficult to predict the change of Bitcoin's price in shorter time spans. This is because of large, unpredictable events that can dramatically affect the price in short periods. Take the fall of FTX in 2023 for example. Instead, Prism BTCfocuses on longer time horizons where the trends are much more stable and predictable.

Prism BTC does not predict specific future prices of Bitcoin, as it is challenging to account for the numerous unpredictable factors affecting its value. Instead, the service offers models that analyze the current price and potential future trends based on historical cyclical patterns that Bitcoin tends to follow.

Our unique Price Indicator tool helps users quickly and easily understand the position of Bitcoin's price within these cyclical patterns. It offers insights into how far the price is into a dip or peak, though it may still move further in either direction. The tool's primary function is to predict the progress of the price within the current dip or peak within the trend.

That is up to you! Prism BTC cannot take any responsibility for your trading decisions. Prism BTC is meant to be used strictly for informational purposes about the price of Bitcoin and its network. You must make your own decisions on when it is the best time to buy or sell.

Yes! The free membership lets you look at all of the models and see historical data up to 365 days ago. With a paid membership, you can also see current data.

All membership pricing information is available on our

Pricing

page.