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This allows large investors to put pressure on Bitcoins cost 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 for our Bitcoin cost forecast.  According to a bodily Bitcoin ETF was rejected in April of the year.  On August 22nd the SEC decided to reject 9 more Bitcoin ETFs.

All these funds sought to use futures contracts to find exposure, with several planning to brief Bitcoin. The regulator needed a hard-deadline to deny or approve each one 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 regulator this month pushed back a ruling on such product until at least September and could finally undergo February to make up its own mind.What we see is an emphasis on non-physical Bitcoin ETFs. The ETFs which are submitted are mainly derivatives. They can go short, or are correlated to Bitcoin futures.

Only physical Bitcoin ETFs are great for the Bitcoin market, derivatives bring a marketplace 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 all we consider increasing derivatives in Bitcoins market will put pressure on returns.

Bitcoin usageAs per the Bitcoin usage and adoption statistics on Statista.com the ownership of Bitcoin is still very low, slightly but not much higher than when we published 10 Investment strategies For Cryptocurrencies Investing 18 months ago.The 3 stats shown below, however without precise figures as thats only available 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 crypto a commodity of their electronic age.Moreover, when it comes to Bitcoin ATMs worldwide, we see a stagnation in the last few months. Get More Info This is the first sign of stagnation. It suggests to us that the notion of using Bitcoin as a payment method is being challenged right now.

This, of course, is crucial information for outside Bitcoin price forecast 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 have the mandatory features of a payment method.

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

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

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

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Arguably, when the next strong phase of momentum in crypto land starts, Bitcoin will move into its bullish band. But with all insights laid out in this article we dont find Bitcoin going into its super bullish band though.Thats why we believe that it is quite 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 attain 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 prediction of USD 160,000 and consider that in 2019, we may see Bitcoin Price reach 50,000 USD or cross over.