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This enables large investors to place strain on Bitcoins price in a way not seen before. In other words, the introduction of Bitcoin stocks on December 17th 2017 resulted primarily in subdued returns to Bitcoin going forward.Moreover, together with so many Bitcoin ETF suggestions submitted to the SEC this season we begin seeing a trend that's somehow concerning to our Bitcoin cost forecast.  As said, a physical Bitcoin ETF was rejected in April of the year.  On August 22nd the SEC made a decision to reject 9 more Bitcoin ETFs.

Every one these funds sought to utilize futures contracts to get exposure, with a number of planning to brief Bitcoin. The ruler had a hard-deadline to deny or approve each one of these products over the next month; their orders to record had been pending since December and January.  Investors hopes to get a Bitcoin ETF now rest on just one fund from VanEck Associates Corp..

The ruler this month pushed back a ruling on such product until at least September and could ultimately take through February to make up its own mind.What we see will be an emphasis on non-physical Bitcoin ETFs. The ETFs that are filed are primarily derivatives. They can go short, or are connected to Bitcoin futures.

Only physical Bitcoin ETFs are great for the Bitcoin market, derivatives bring a market to another state.On the flipside, however, institutional investing is most likely going to enter Bitcoin in 2019. Think about the Bakkt platform in addition to the Nasdaq offering cryptocurrency investing to institutions. Thats a positive.All in all we consider increasing derivatives in Bitcoins market will put pressure on returns.

Bitcoin usageAs per the Bitcoin use and adoption figures on Statista.com the ownership of Bitcoin is still quite low, slightly but not much higher than when we published 10 Investment Tips For Cryptocurrencies Investing 18 months ago.The 3 stats shown below, nevertheless without accurate see here now figures as thats only accessible for premium members, show that Bitcoin ownership was very low in the U.S.

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Adults planning on investing in Bitcoin is clearly a phenomenon for the younger generation which likely crypto a commodity of the digital age.Moreover, when it comes to Bitcoin ATMs worldwide, we see a stagnation in the last few months. This is the first sign of stagnation. It indicates to us that the notion of using Bitcoin as a payment procedure is being challenged right now.

This, naturally, is critical information for out Bitcoin price prediction for 2019. Bitcoin as an investment is maturing, with futures being introduced already and other derivative products coming online in 2019 and beyond.Bitcoin adoption as a medium for transaction is not going to continue. Bitcoin does not possess the mandatory features of a payment approach.

The old generation is skeptical.That stated, and as per InvestingHavens blockchain & crypto investing research, Bitcoin evolved already early this season into the leading indicator for the crypto marketplace. We started writing about this in February, since the crypto crash was going on. Many crypto investors made a big mistake by focusing on the wrong indicators for the crypto market.

Nothing more, nothing less.Obviously, though that is true, it yields crucial information for any crypto related investment, not only cryptocurrencies but also blockchain stocks.Our Bitcoin price prediction for 2019: $25,000With the insights laid out in this guide can we perform a Bitcoin price forecast for 2019 Yes, is the answer, and our annotated long term Bitcoin cost chart ought to help us with this.Below is your 4 year chart of Bitcoin.

Note that Bitcoin never fell into its support band, implying there was still plenty of downside potential ahead of the long term bull market could be finished. This certainly is not the way crypto investors believed about it, on the contrary.Bitcoin is now trending in its transition band, since May of this past year.

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Arguably, when the next strong period of momentum in crypto land begins, Bitcoin will proceed to its bullish band. However, with insights laid out in this guide we dont see Bitcoin going to its super bullish band though.Thats why we think that it is very realistic to anticipate $25,000 as a realistic Bitcoin price forecast for 2019, assuming the crypto crash is over.

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Bitcoin could still reach 50,000 USD in 2019 however, it's to clear a couple of important resistance levels. And very soon. We maintain our (very) long term Bitcoin price forecast of USD 160,000 and consider that in 2019, we may see Bitcoin Price hit 50,000 USD or cross above.