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This enables large investors to put pressure on Bitcoins cost in a way not seen before. In other words, the introduction of Bitcoin futures on December 17th 2017 led largely in subdued returns to Bitcoin going forward.Moreover, together with so many Bitcoin ETF suggestions submitted to the SEC this year we start seeing a trend that is somehow concerning to our Bitcoin price prediction.  According to a physical 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 a number of planning to short Bitcoin. The regulator had 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 to get 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 ultimately undergo February to compose its mind.What we see will be an emphasis on non-physical Bitcoin ETFs. The ETFs that are filed are primarily derivatives. They can go short, or are connected to Bitcoin futures.

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

Bitcoin usageAs per the Bitcoin usage and adoption figures on Statista.com the ownership of Bitcoin is still quite 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 statistics 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 clearly a phenomenon for the younger generation which probably crypto a product of their digital 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 my sources 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 approach.

The old generation is skeptical.That stated, and as per InvestingHavens blockchain & crypto investing research, Bitcoin evolved already early this year into the leading indicator for the crypto market. We began writing about this in February, as the crypto crash was going on. Many crypto investors made a large mistake by focusing on the wrong indicators for the crypto market.

Nothing more, nothing less.Obviously, though that 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 article can we perform 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 the 4 year chart of Bitcoin.

Note that Bitcoin never dropped into explanation its service band, implying there was plenty of downside potential ahead of 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 year.

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Arguably, when the next strong period of momentum in crypto land starts, Bitcoin will proceed into its bullish band. But with all insights laid out in this guide we dont find Bitcoin going into its super bullish band though.Thats why we believe that it is very realistic to anticipate $25,000 look at this now as a realistic Bitcoin price forecast for 2019, assuming that the crypto crash is over.

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