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This enables large investors to put strain on Bitcoins cost in a way not seen before. In other words, the introduction of Bitcoin futures on December 17th 2017 resulted primarily in subdued returns to Bitcoin going forward.Moreover, together with many Bitcoin ETF proposals submitted to the SEC this season we start seeing a trend that's somehow concerning for our Bitcoin cost forecast.  According to 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 these funds sought to use futures contracts to get exposure, with a number of planning to brief Bitcoin. The ruler needed a hard-deadline to deny or approve all of these products over the next month; their orders to record had been pending since December and January.  Investors expects for 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 may finally undergo February to make up 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 great for the Bitcoin marketplace, derivatives bring a marketplace to another state.On the flipside, however, institutional investing is most likely going to enter Bitcoin in 2019. Think of the Bakkt platform in addition to the Nasdaq offering cryptocurrency investing to institutions. Thats a positive.All in most we believe increasing derivatives in Bitcoins marketplace 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 wrote 10 Investment strategies For Cryptocurrencies Investing 18 months ago.The 3 stats shown below, nevertheless without accurate statistics 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 clearly 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 past couple of months. 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 critical information for outside 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 according to InvestingHavens blockchain & crypto investing study, Bitcoin evolved early this season into the leading indicator for the crypto market. We began writing about this already in February, since the crypto crash was going on. Many crypto investors made a big mistake by focusing on the see wrong indicators for the crypto market.

Nothing more, nothing less.Obviously, if this is true, it yields critical information for any crypto related investment, not only cryptocurrencies but additionally blockchain stocks.Our Bitcoin price forecast go to my site for 2019: $25,000With the insights laid out in this article can we perform a Bitcoin price prediction for 2019 Yes, is the answer, and also our annotated long term Bitcoin cost chart should help us with this.Below is the 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 finished. This certainly is not the way crypto investors believed about it, on the contrary.Bitcoin is now trending in its own 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 insights laid out in this article we dont find Bitcoin going into its super bullish band though.Thats why we think that it is quite realistic to expect $25,000 as a realistic Bitcoin price prediction for 2019, assuming the crypto crash is finished.

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Bitcoin could nevertheless attain 50,000 USD in 2019 but it's to clear a couple of important resistance levels. And really soon. We still maintain our (very) long term Bitcoin price prediction of USD index 160,000 and consider that in 2019, we might see Bitcoin Price hit 50,000 USD or cross over.