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This allows large investors to place pressure on Bitcoins cost 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, with many Bitcoin ETF suggestions submitted to the SEC this year we start seeing a trend that is somehow concerning for our Bitcoin cost forecast.  As said, 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 get exposure, with several planning to short Bitcoin. The ruler had a hard-deadline to deny or approve all these goods during the next month; their requests 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 ruler this month pushed back a ruling on such merchandise until at least September and could ultimately undergo February to make up its mind.What we see is an emphasis on non-physical Bitcoin ETFs. The ETFs which are filed are primarily derivatives. They can go short, or are correlated to Bitcoin futures.

Only physical Bitcoin ETFs are great for the Bitcoin market, derivatives bring a marketplace to another state.On the flipside, however, institutional investing is likely going to enter Bitcoin in 2019. Think of this 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 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 published 10 Investment strategies For Cryptocurrencies Investing 18 months ago.The 3 stats shown below, however without precise figures as thats only accessible for premium members, show 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 likely crypto a product of their electronic 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 suggests to us that the idea of using Bitcoin as a payment procedure is being challenged right now.

This, naturally, is critical information for outside Bitcoin price forecast for 2019. Bitcoin as an investment is maturing, with futures being introduced already and other derivative products coming online in 2019 and beyond.Bitcoin adoption as a medium for transaction is not likely going to continue. Bitcoin does not possess the mandatory features of a payment method.

The old generation is skeptical.That stated, and as per InvestingHavens blockchain & crypto investing research, Bitcoin evolved early this year into the leading indicator for the crypto market. We began writing about this in February, since 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 this 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 do a Bitcoin price prediction for 2019 Yes, is the answer, and also our annotated long term Bitcoin cost chart should help us with this.Below is the 4 year graph of Bitcoin.

Note that Bitcoin never dropped into its service band, implying there was plenty of downside potential ahead of the long term bull market could be finished. This certainly is not the way crypto investors see page felt 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 phase of momentum in crypto land starts, Bitcoin will proceed to its bullish band. But with insights laid out in this article we dont see Bitcoin going to its super bullish band though.Thats why people believe it is quite realistic to expect $25,000 as a realistic Bitcoin price prediction for 2019, assuming the crypto crash is finished.

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