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This enables large investors to put pressure on Bitcoins price in a way not seen before. In other words, the introduction of Bitcoin stocks on December 17th 2017 led largely in subdued returns to Bitcoin going forward.Moreover, together with so many Bitcoin ETF proposals submitted to the SEC this year we begin seeing a trend that is somehow concerning to our Bitcoin cost forecast.  According to a bodily Bitcoin ETF was rejected in April of this year.  On August 22nd the SEC made a decision to reject 9 more Bitcoin ETFs.

Every one of these funds sought to use futures contracts to get exposure, with a number of planning to brief Bitcoin. The regulator had a hard-deadline to deny or approve all of these goods over the next month; their orders to list had been pending since December and January.  Investors expects 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 merchandise until at least September and may ultimately take through February to make up its mind.What we see will be an emphasis on non-physical Bitcoin ETFs. The ETFs that are filed are mainly derivatives. They can go short, or are correlated to Bitcoin futures.

Only physical Bitcoin ETFs are good for the Bitcoin market, derivatives bring a market to another state.On the flipside, but institutional investing is likely going to enter Bitcoin in 2019. Think about this Bakkt platform as well as the Nasdaq offering cryptocurrency investing to institutions. Thats a positive.All in most we believe increasing derivatives in Bitcoins market will place pressure on returns.

Bitcoin usageAs per the Bitcoin use and adoption statistics on Statista.com the ownership of Bitcoin is still very low, slightly but not much higher than when we wrote 10 Investment Tips For Cryptocurrencies Investing 18 months ago.The 3 stats shown below, nevertheless without precise statistics 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 obviously a phenomenon for the younger generation which likely browse around these guys crypto a commodity of their electronic age.Moreover, when it comes to Bitcoin ATMs worldwide, we see a stagnation in the past couple of months. This is the first sign of stagnation. It indicates to us that the notion of using Bitcoin as a payment method is being challenged right now.

This, of course, is crucial 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 likely going to continue. Bitcoin does not possess the mandatory features of a payment method.

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

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

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

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But 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 article we dont see Bitcoin going to its super bullish band though.Thats why people think that it is very realistic to expect $25,000 as a realistic Bitcoin price prediction for 2019, assuming that the crypto crash is over.

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