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This allows large investors to put strain 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 season we begin seeing a trend that is somehow concerning for our Bitcoin cost prediction.  According to 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.

All these funds sought to utilize futures contracts to find exposure, with several planning to brief Bitcoin. The ruler had a hard-deadline to deny or approve all of these goods during the next month; their orders to record 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 merchandise until at least September and could finally take through February to compose its own mind.What we see is an emphasis on non-physical Bitcoin ETFs. The ETFs which are submitted are primarily derivatives. They can go short, or are connected to Bitcoin futures.

 

 

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

Bitcoin usageAs per the Bitcoin usage and adoption figures on Statista.com the ownership of Bitcoin is still very 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 statistics as thats only accessible for premium members, show that Continue Bitcoin ownership was quite low in the U.S.

 

 

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Adults planning on investing in Bitcoin is clearly a phenomenon for the younger generation which probably crypto a commodity of their digital age.Moreover, when it comes to Bitcoin ATMs globally, we see a stagnation in the past couple of months. This is the very moved here 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 critical information for out Bitcoin price forecast for 2019. Bitcoin as an investment is maturing, with futures being introduced 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 method.

The old generation is skeptical.That stated, and as per InvestingHavens blockchain & crypto investing study, Bitcoin evolved early this year into the leading indicator for the crypto marketplace. We began writing about this already in February, since 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 this is true, it yields crucial information for any crypto related investment, not only cryptocurrencies but additionally blockchain stocks.Our Bitcoin price prediction for 2019: $25,000With the insights laid out in this guide can we perform a Bitcoin price prediction for 2019 Yes, check it out is the answer, and our annotated long term Bitcoin price 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 before the long term bull market would be over. This certainly is not the way crypto investors felt about it, on the contrary.Bitcoin is now trending in its own transition band, since May of this past year.

 

 

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But when the next strong period of momentum in crypto land starts, Bitcoin will move into its bullish band. However, with insights laid out in this guide we dont find Bitcoin going into its super bullish band though.Thats why people think it is very realistic to expect $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 has to clear a few important resistance levels. And really soon. We maintain our (very) long term Bitcoin price prediction of USD 160,000 and consider that in 2019we may visit Bitcoin Price reach 50,000 USD or cross above.

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