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WHAT IS BITCOIN AND WHY IT HAS VALUE. BEST EXPLANATION EVER.Our most recent Bitcoin price forecast indicates that its value will increase by % and reach $47, by February 11, Our analysis of the technical. The price of bitcoin, or 1 BTC, traded at $, as of 8 a.m. ET. By the end of the month, it is expected that the BTC price will fluctuate within the range of $61, to $62, Bitcoin Price Prediction.