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This enables large investors to place strain on Bitcoins price 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 begin seeing a trend that's somehow concerning for our Bitcoin price 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.

Every one these funds sought to use futures contracts to get exposure, with several planning to brief Bitcoin. The regulator needed a hard-deadline to deny or approve all 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 ruler this month pushed back a ruling on such merchandise until at least September and could ultimately take through February to make up its mind.What we see is an emphasis on non-physical Bitcoin ETFs. The ETFs that are filed are primarily derivatives. They can go short, or are correlated to Bitcoin futures.

Only physical Bitcoin ETFs are good for the Bitcoin marketplace, derivatives bring a marketplace to another state.On the flipside, but institutional investing is likely going to enter Bitcoin in 2019. Think of this Bakkt platform in addition to 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 Tips For Cryptocurrencies Investing 18 months ago.The 3 stats shown below, however without accurate figures as thats look at these guys only available 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 probably crypto a commodity of the digital age.Moreover, when it comes to Bitcoin ATMs globally, we see a stagnation in the past couple of months. This is the very first sign of stagnation. It indicates to us that the idea 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 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 older generation is skeptical.That said, and according to InvestingHavens blockchain & crypto investing research, Bitcoin evolved early this season into the leading indicator for the crypto market. We started writing about this already in February, since the crypto crash was going on. Many crypto investors made a large error by focusing on the wrong indicators for the crypto market.

Nothing more, nothing less.Obviously, though this is true, 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 guide can we perform a Bitcoin price prediction for 2019 Yes, is the answer, and 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 support band, implying there was plenty of downside potential before the long term bull market could be finished. This certainly is not how crypto investors believed about it, on the contrary.Bitcoin is now trending in its transition band, since May of this past year.

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But when the next strong phase of momentum in crypto land starts, Bitcoin will move into its bullish band. However, with insights laid out in this guide we dont see Bitcoin going to its super bullish band though.Thats why we think it is quite 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 very soon. We still maintain our (very) long term Bitcoin price prediction of USD 160,000 and consider that in 2019, we might visit Bitcoin Price hit 50,000 USD or cross above.