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This enables large investors to put strain on Bitcoins cost 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, with many Bitcoin ETF suggestions submitted to the SEC this season we begin seeing a trend that's somehow concerning for our Bitcoin price prediction.  According to 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 these funds sought to use futures contracts to find exposure, with several planning to brief Bitcoin. The ruler needed a hard-deadline to deny or approve each one of these products over the next month; their orders to list 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 mind.What we see is an emphasis on non-physical Bitcoin ETFs. The ETFs which are submitted are mainly derivatives. They can go short, or are connected to Bitcoin futures.

Only physical Bitcoin ETFs are great for the Bitcoin market, derivatives bring a market 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 into institutions. Thats a positive.All in most we believe 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 very 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 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 obviously a phenomenon for the younger generation which likely crypto a commodity of their digital age.Moreover, when it comes to Bitcoin ATMs globally, we see a stagnation in the past couple of months. This is the first sign of stagnation. It indicates to us that the notion of using Bitcoin as a payment method is being challenged right now.

This, naturally, is critical information for out 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 going to continue. Bitcoin does not possess the mandatory features of a payment method.

The older generation is skeptical.That stated, and according to InvestingHavens blockchain page & crypto investing research, Bitcoin evolved early this year into the leading indicator for the crypto marketplace. We started writing about this in February, since the crypto crash was going on. Many crypto investors made a big mistake by focusing on the wrong indicators for the crypto market.

Nothing more, nothing less.Obviously, though that is accurate, it yields crucial information for any crypto related investment, not only cryptocurrencies but also blockchain stocks.Our Bitcoin price forecast for 2019: $25,000With 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 your 4 year chart of Bitcoin.

Note that Bitcoin never fell into its support band, implying there was still plenty of downside potential before 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 own transition band, since May of this year.

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But when the next strong phase of momentum in crypto land starts, Bitcoin will move into its bullish band. But with all insights laid out in this article we dont see Bitcoin going to its super bullish band though.Thats why we believe it is very realistic to anticipate $25,000 as a realistic Bitcoin price prediction for 2019, assuming that the crypto crash is over.

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