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This allows large investors to put strain on Bitcoins price in a way not seen before. In other words, the introduction of Bitcoin futures 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 season we start seeing a trend that's somehow concerning to our Bitcoin cost prediction.  As said, a physical Bitcoin ETF was rejected in April of this year.  On August 22nd the SEC made a decision to reject 9 more Bitcoin ETFs.

All of these funds sought to use futures contracts to find exposure, with a number of planning to short Bitcoin. The ruler needed a hard-deadline to deny or approve all these goods during the next month; their requests 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 that month pushed back a ruling on that product until at least September and may ultimately undergo February to compose its own mind.What we see is an emphasis on non-physical Bitcoin ETFs. The ETFs that are submitted are mainly derivatives. They can go short, or are connected to Bitcoin futures.

Only physical Bitcoin ETFs are good for the Bitcoin market, derivatives bring a marketplace 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 into institutions. Thats a positive.All in all we believe increasing derivatives in Bitcoins market will place pressure on returns.

Bitcoin usageAs per the Bitcoin use and adoption figures 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, however without precise statistics as thats only accessible for premium members, reveal 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 globally, we see a stagnation in the last few months. This is the very first sign of stagnation. It suggests to us that the notion of using Bitcoin as a payment method is being challenged right now.

This, naturally, 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 going to continue. Bitcoin does not have the mandatory features of a payment approach.

The older generation is skeptical.That said, and according to InvestingHavens blockchain & crypto investing research, Bitcoin evolved early this year into the leading indicator for the crypto marketplace. 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 market.

Nothing more, nothing less.Obviously, though that is true, it yields crucial 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 forecast for 2019 Yes, is the answer, and also our annotated long term Bitcoin cost chart ought to help us with this.Below is your 4 year graph of Bitcoin.

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

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Arguably, when the next strong period of momentum in crypto land begins, Bitcoin will proceed into 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 believe it is quite realistic to anticipate $25,000 as a realistic Bitcoin price forecast for 2019, assuming that the crypto crash is finished.

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Bitcoin could nevertheless attain 50,000 USD in 2019 but it's to clear a few important resistance levels. And very soon. We maintain our (very) long term Bitcoin price forecast get redirected here of USD 160,000 and consider that in 2019we might visit Bitcoin Price reach 50,000 USD or cross above.