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This enables large investors to place strain on Bitcoins cost 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, with so many Bitcoin ETF suggestions submitted to the SEC this season we start seeing a trend that is somehow concerning for our Bitcoin price prediction.  As said, a bodily Bitcoin ETF was rejected in April of this year.  On August 22nd the SEC decided to reject 9 more Bitcoin ETFs.

Every one these funds sought to use futures contracts to get exposure, with several planning to short Bitcoin. The regulator needed a hard-deadline to deny or approve all these products during the next month; their requests to record had been pending since December and January.  Investors hopes for a Bitcoin ETF now rest on just one fund from VanEck Associates Corp..

The regulator that month pushed back a ruling on that merchandise until at least September and could finally undergo February to compose its own mind.What we see will be 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 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 as well as the Nasdaq offering cryptocurrency investing to institutions. Thats a positive.All in most we believe increasing derivatives in Bitcoins market will put 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 published 10 Investment strategies For Cryptocurrencies Investing 18 months ago.The 3 stats shown below, however without precise figures 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 clearly a phenomenon for the younger generation which likely crypto a product of the electronic age.Moreover, when it comes to Bitcoin ATMs globally, 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 method 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 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 according to InvestingHavens blockchain & crypto investing research, Bitcoin evolved already early this season into the leading indicator for the crypto market. We started writing about this 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 marketplace.

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

Note that Bitcoin never fell into its service band, implying there was still plenty of downside potential ahead of the long term bull market would be finished. This certainly is not the way crypto investors felt about it, he has a good point on the contrary.Bitcoin is now trending in its own 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 into its bullish band. However, with insights laid out in this guide we dont find Bitcoin going to its super bullish band though.Thats why we believe it is very realistic to anticipate $25,000 as a realistic Bitcoin price prediction for 2019, assuming that the crypto crash is finished.

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Bitcoin could still reach 50,000 USD in 2019 however, it has 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 believe that in 2019, we may see Bitcoin Price reach 50,000 USD or cross above.