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FX.co ★ 8 bitcoin price predictions for 2019

8 bitcoin price predictions for 2019

According to experts, the past year was probably the worst for bitcoin: the No. 1 cryptocurrency fell by 74% from $14,100 at the end of 2017 to $3,700 in December 2018. At the beginning of this year, bitcoin rose to $4,000. Cryptocurrency enthusiasts welcomed such news. However, now the digital asset is moving lower again. After analyzing bitcoin price behavior in 2019, experts tried to predict further development of the cryptocurrency

8 bitcoin price predictions for 2019

Calvin Eyre: $0

Previously, this crypto enthusiast was a supporter of Bitcoin Cash. Now he prefers its fork–Bitcoin SV. Calvin Eyre has presented the most gloomy forecast. According to Calvin Eyre, in the future, the price of the No. 1 cryptocurrency will collapse to zero, since this asset is not backed by anything.

8 bitcoin price predictions for 2019

Arthur Hayes: $1,000 – $10,000

At the end of December last year, Arthur Hayes, CEO of one of the world’s most popular cryptocurrency exchanges, suggested that in the coming year, bitcoin price would vary to $10,000 from $1,000. Notably, the price difference in this case is very large.

8 bitcoin price predictions for 2019

Anthony Pompliano: $2,500 – $4,440

The forecast made by Anthony Pompliano, founder of Morgan Creek Digital Assets, is considered by many analysts as the most accurate. He suggested that in 2019 the digital currency would trade between $2,500 and $4,440. He also added that in the coming months, the crypto market would be unable to recover.

8 bitcoin price predictions for 2019

Sonny Singh: $15,000 – $20,000

According to Sonny Singh, Сommercial Director of one of the major cryptocurrency services, by the end of this year, the price of bitcoin may reach $15,000-$20,000. He believes that this will be due to the launch of a bitcoin exchange-traded fund (ETF).

8 bitcoin price predictions for 2019

Mike Novogratz: $20,000

Mike Novogratz, a founder of Galaxy Digital, also believes in the triumph of bitcoin. He is sure that this year the No. 1 cryptocurrency will again advance to the $20,000 level and even slightly exceed it amid the increased demand for bitcoin among institutional investors. According to M. Novogratz, by the end of the first quarter of 2019, the price of bitcoin will grow to $10,000.

8 bitcoin price predictions for 2019

Ronnie Moas: $28,000

Ronnie Moas, a leading financial analyst and founder of the investment research firm Viewpoint Research, presents quite a promising forecast for bitcoin. He thinks that in 2019 bitcoin will deliver a few surprises for investors. He also believes that the popularity of cryptocurrency No. 1 will grow significantly. This will lead to an increase in demand, and owing to the limited supply, the price of bitcoin will soar to $28,000. That is why many economists doubt this forecast because this value will be $8,000 more than the historical high of the digital asset.

8 bitcoin price predictions for 2019

Tom Lee: current year will be difficult for cryptomarket

The forecast of popular crypto investor Tom Lee was discreet and moderate. He did not provide any figures. Earlier, the crypto enthusiast did not skimp on optimistic statements about the price of bitcoin. Once he predicted an increase in the cost of the popular virtual currency to $15,000 by the end of 2018. At the moment, Tom Lee believes that 2019 will be difficult for bitcoin and other digital currencies.

8 bitcoin price predictions for 2019

John McAfee: $1 million

One of the most mind-blowing predictions was made by John McAfee, a crypto enthusiast-millionaire and successful entrepreneur. He believes that by 2020, the price of bitcoin will hit $1 million. Analysts do not share his optimism. According to their estimates, it could come true if today bitcoin would cost at least $30,819. Nevertheless, McAfee is confident in the prospects of bitcoin.

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