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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 futures on December 17th 2017 resulted primarily in subdued returns to Bitcoin going forward.Moreover, with so many Bitcoin ETF proposals submitted to the SEC this season we begin seeing a trend that's somehow concerning for our Bitcoin cost prediction.  According to a bodily Bitcoin ETF was rejected in April of the year.  On August 22nd the SEC decided to reject 9 more Bitcoin ETFs.

All these funds sought to utilize futures contracts to find exposure, with several planning to short Bitcoin. The regulator needed a hard-deadline to deny or approve each one these products during 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 ruler this month pushed back a ruling on that product until at least September and may ultimately take through February to compose its mind.What we see is an emphasis on non-physical Bitcoin ETFs. The ETFs that are filed 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 market 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 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 statistics on Statista.com the ownership of Bitcoin is still quite 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 accurate figures as thats only accessible for premium members, show that Bitcoin ownership was quite 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 product 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 first sign of stagnation. It indicates to us that the notion of using Bitcoin as a payment procedure is being challenged right now.

This, of course, is crucial 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 have the mandatory features of moved here a payment approach.

The older generation is skeptical.That said, and as per InvestingHavens blockchain & crypto investing study, 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 market.

Nothing more, nothing less.Obviously, if that is true, it yields critical information for any crypto related investment, not only cryptocurrencies but additionally 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 cost chart should help us with this.Below is your 4 year chart of Bitcoin.

Note that Bitcoin never dropped into its support band, implying there was still plenty of downside potential ahead of 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 own transition band, since May of this year.

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But when the next strong phase of momentum in crypto land starts, Bitcoin will move to its bullish band. However, with all insights laid out in this guide we dont find Bitcoin going into its super bullish band though.Thats why we think it is quite realistic to expect $25,000 as a realistic Bitcoin price prediction for 2019, assuming the crypto crash is over.

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Bitcoin could still attain 50,000 USD in 2019 however, it has to clear a couple of important resistance levels. And very soon. We maintain our (very) long term Bitcoin price forecast of USD 160,000 and consider that in 2019, we might see Bitcoin Price hit 50,000 USD or cross above.