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This allows large investors to put 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, together with so many Bitcoin ETF proposals submitted to the SEC this year we begin seeing a trend that's somehow concerning for our Bitcoin cost 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 of these funds sought to utilize futures contracts to get exposure, with several planning to brief Bitcoin. The ruler needed a hard-deadline to deny or approve all these products over the next month; their orders 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 ruler that month pushed back a ruling on such product until at least September and may finally take through February to make up its own mind.What we see is an emphasis on non-physical Bitcoin ETFs. The ETFs which are submitted are primarily 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 likely going to enter Bitcoin in 2019. Think about the Bakkt platform as well as the Nasdaq offering cryptocurrency investing to institutions. Thats a positive.All in most we consider 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, however without precise statistics 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 probably crypto a commodity of the digital age.Moreover, when it comes to Bitcoin ATMs worldwide, we see a stagnation in the past couple of months. This is the very first sign of stagnation. It suggests to us that the notion of using Bitcoin as a payment procedure 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 older generation is skeptical.That said, 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 that site already in February, as the crypto crash was going on. Many crypto investors made a big mistake by focusing on the wrong indicators for the crypto marketplace.

Nothing more, nothing less.Obviously, though this is accurate, it yields crucial information for any crypto related investment, not only cryptocurrencies but additionally blockchain stocks.Our Bitcoin price forecast for 2019: $25,000With all the insights laid out in this guide can we do a Bitcoin price prediction for 2019 Yes, is the answer, and also our annotated long term Bitcoin cost chart ought to help us with this.Below is the 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 would be finished. This certainly is not the way 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 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 see Bitcoin going to its super bullish band though.Thats why we believe that it is very realistic to anticipate $25,000 as a realistic Bitcoin price forecast 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 160,000 and consider that in 2019, we might see Bitcoin Price hit 50,000 USD or cross over.