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This enables large investors to put 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, together with many Bitcoin ETF suggestions submitted to the SEC this year we begin seeing a trend that's somehow concerning for our Bitcoin cost forecast.  According to a bodily Bitcoin ETF was rejected in April of this year.  On August 22nd the SEC decided to reject 9 more Bitcoin ETFs.

Every one these funds sought to utilize futures contracts to get exposure, with a number of planning to short Bitcoin. The ruler needed a hard-deadline to deny or approve all of these goods over the next month; their requests 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 regulator that month pushed back a ruling on that merchandise until at least September and may ultimately take through February to make up its own 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 correlated to Bitcoin futures.

Only physical Bitcoin ETFs are good for the Bitcoin market, derivatives bring a marketplace to another state.On the flipside, but institutional investing is likely going to enter Bitcoin in 2019. Think about this Bakkt platform as well as the Nasdaq offering cryptocurrency investing into institutions. Thats a positive.All in most we consider increasing derivatives in Bitcoins market 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, nevertheless without precise 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 likely crypto a product 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 first sign of stagnation. It suggests to us that the notion of using Bitcoin as a payment method is being challenged right now.

This, naturally, is critical information for outside 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 approach.

The old generation is skeptical.That said, and according to InvestingHavens blockchain & crypto investing research, Bitcoin evolved already early this season into the leading indicator for the crypto market. We began writing about this already 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 marketplace.

Nothing more, nothing less.Obviously, if that is true, it yields crucial 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 forecast for 2019 Yes, is the answer, and also our annotated long term Bitcoin price chart should help us with this.Below is the 4 year chart of Bitcoin.

Note that Bitcoin never fell into its service 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 own 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 move to its bullish published here band. However, with all insights laid out in this article we dont see Bitcoin going into its super bullish band though.Thats why people believe it is very realistic to expect $25,000 as a realistic Bitcoin price forecast for 2019, assuming the crypto crash is finished.

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Bitcoin could still reach 50,000 USD in 2019 however, it has 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 2019we may visit Bitcoin Price hit 50,000 USD or cross above.