Bitbucket is a code hosting service that supports Git and Mercurial version control systems. It offers free accounts and paid plans. Key features include pull requests, code review, two-factor authentication, Git LFS, documentation hosting, issue tracking, and static site hosting. The document then provides instructions on setting up SSH keys, cloning repositories, common Git commands like add, commit, push, pull, checkout and operations like merging, reverting, deleting branches. It concludes with some frequently asked interview questions about Git and Bitbucket.