At the end of 2017, many considered Bitcoin as an ideal investment vehicle and invested a lot of their savings in it. But the sharp correction of the 2018th with a triple depreciation was even more unexpected than the recent fantastic growth.
Today, crypto investors have to pause, during which it is important for them to understand: what is the Bitcoin exchange rate forecast for the last months of this and next 2019, what strategy to choose or, maybe, prefer more traditional and safer financial instruments. Let’s look at what the price of the BTC depends on and what the experts think about its future.
Bitcoin exchange rate for 2019
Today in the expert community you can meet two totally opposite views on BTC. Some people consider the falling of the BTC price as a natural phenomenon, they believe in the imminent revival of the market and the growth of military-technical cooperation to $ 100 thousand and even more. Others are confident that the era of cryptocurrency has come to a logical final.
Bitcoin rate for 2019: optimistic forecasts
Most analysts predict stabilization and growth of the BTC rate in 2019 after the complicated 2018. Here are just a few examples.
Experts of the analytical agency Fundstrat (https://www.fundstrat.com/) conducted their own research and published a very bold forecast for the Bitcoin course, based mostly on the latest mining trends: $ 64,000 by the end of 2019. Experts claim that increasing the cost of production of the block contributes to reducing volatility and increasing the price of BTC. With a low rate, analysts say Fundstrat, commissions in the Bitcoin network will not cover the costs of processing payment transactions. Hence, the network will not be able to function. At the same time, the remuneration paid for the confirmation of the block guarantees the profitability of production and an increase in the rate.
Popular host of the TV show “Cryptotrader” and one of the early investors in the military-technical cooperation Neu-Ner also gives an optimistic forecast for Bitcoin in 2019: $ 50 thousand. significant growth in the future. Neu-Ner is sure that the next rally will begin at the end of 2018, when many new investors will come to the market.
One of the most bold predictions of the Bitcoin-2019 rate is given by the well-known Masterluc trader and investor in the community: $ 110,000. He assures that the main cryptocurrency is still undervalued and predicts a turnaround to the bulls in the first months of next year. Note that previous Masterluc forecasts turned out to be accurate. In 2013, he predicted the achievement of the BTC mark of $ 1,100 and a two-year period of correction, and in 2015 — a sharp jump in 2017.
Analysts of Saxo Bank Pouncy (https://www.home.saxo/ru-ru ) and Petersen presented their bitcoin forecast for 2019: $ 60 thousand. They believe that the growth will last until December, and with the beginning of 2020, a collapse will begin similarly to 2018.
Russian expert Evgeny Glariantov(https://www.linkedin.com/in/Eglariantov/), the developer of the blockchain project Freed, also believes in the future of Bitcoin and predicted a $ 100,000 exchange rate in 2019.
Chepicap company (https://www.chepicap.com/en ) also has prepared a report in which it collected various forecasts of market experts for 2019 regarding the Ethereum and BTC values. They suggested which indicator could be achieved and whether the coin would have a steep price rise.
For example, the head of Fundstrat Global Advisors Tom Lee is optimistic as always. He is confident that in 2019, the third largest cryptocurrency capitalization Ethereum will soar to $ 1,900.
Summing up
However, the backdrop of recurring world crises and the rapid fall in confidence in state financial institutions, Bitcoin and other digital assets are growing in popularity. People realized that national currencies were no longer provided with gold, oil, or other declared resources, and printing presses were turned on at any minute while the authorities needed it. At the same time, the issue of Bitcoin is strictly limited to 21 million, which excludes inflation.
Despite the current position of the BTC, most analysts do not lose optimism about its future and predict a significant appreciation in 2019 (according to various estimates, from $ 20,000 to $ 100,000 and more).
This article is not a finance advice or true prediction of BTC rate in 2019, the written text is based on the opinions and mass media resources.
