bitcoin in 2019: forecast .....steemCreated with Sketch.

in #bitcoin5 years ago

The best thing to say about bitcoin, based on its current state, is that by the end of the first quarter the rate will be the same as today, that is, in the region of $ 3- $ 4 thousand. However, I think that it may well fall to $ 2 and even up to $ 1 thousand. During the year bitcoin will fade away with a fall rate of about 15% per month. The next year will be finished at a mark slightly above $ 1 thousand. (Leonid Delitsyn, analyst of the FINAM GC)

CRYPTOLICHORAD IS ENDED, BITCOIN IS NO MORE INTERESTING WIDE NATIONAL MASSES, WITHOUT ALL THE EFFORTS OF MEDIA AND ANALYTICS. BUY ONE. ANALYTICS ARE ALREADY MORE BIOUSING FOR THE RESCUE OF ITS OWN FUTURE THAN ABOUT THE RESCUE OF THE INDUSTRY.

The rest of the cryptocurrencies will follow bitcoin with a wide range. An exception may be XRP, which will experience a jump up with each release about partnerships with banks testing this system. However, if at the same time, banks will not report specific indicators of cost reduction or speed increase due to the introduction of Ripple, then after such jumps, the indicators will crawl back to previous levels.

Alexander Ageev, an analyst at FinIst:

The cost of bitcoin by the end of the first quarter may rise to an average of $ 6 thousand and lock in the range between prices of $ 5.7 and $ 6.5 thousand. Movement will be expressed by the medium-term trend, not a quick impulse. Throughout 2019, I expect a maximum mark of $ 10 thousand, on which the price will not be fixed and will return to the six thousandth range again.

Ethereum will reach a price of $ 162 dollars and consolidate at this point. The maximum level during the year is $ 200. XRP will lock in at $ 0.50. There is a possibility that 2019 may be positive for this asset, and $ 0.50 is only the first expected target. Bitcoin Cash by the end of the first quarter is worth waiting at around $ 280, IOTA for the same period could reach $ 0.41.

Taking into account the peculiarities of the cryptocurrency market, including a positive correlation of assets to the US dollar, amid positive events and sentiments in the industry, we can expect growth from the majority of highly liquid assets. The dynamics of growth in the first six months of each of them will vary from 50% to 100% relative to current prices.

Mikhail Mashchenko, social network analyst for eToro investors in Russia and the CIS:

I don’t think that it is necessary to base forecasts on the launch of new platforms and tools, albeit rather interesting ones.

ENOUGHLY EXPECTED EVENTS IN THE MARKET IN 2018 AND REACTIONS OF QUOTATIONS ON THEM. AS A RULE, PRICE MOVEMENTS HAPPEN DURING CHANGES, DIRECTLY AFFECTING THE NETWORK WORK OR COIN EMISSION.

At the same time, the development of infrastructure for speculation and making money was almost always ignored. Nevertheless, several significant moments will happen at the beginning of 2019: hard forks of Constantinople, launch of Fidelity Investments and Bakkt services, etc. This may be a kind of trigger for revitalizing the course, but a long-term reaction may not happen: institutional institutions will also be linked current legislation and market opacity. In addition, at the moment there is a huge number of short positions open, including hedge ones, and really full news will be required for a complete change of mood.

Optimistic forecast for BTC / USD: by the end of the first quarter - $ 5.5 thousand, by the end of the first half of the year - $ 7 thousand. Further growth by the end of the year seems highly unlikely, the rate may be in the range of $ 5.5 thousand - $ 7 thousand. Perhaps , one of the most interesting altcoins is Ripple, which, unlike other top coins, has long been out of the downtrend, and the technical picture on it looks quite promising. With proper sentiment in the market, XRP / USD may well strengthen to $ 0.60 by the end of the first half of the year and set a course for $ 1.

Pavel Matveev, Wirex:

Approximately by the end of the second quarter bitcoin can reach $ 10 thousand. Within 3-5 years, the rate can grow up to $ 20 thousand. Steablocoins can play their part in this: they will attract liquidity and reduce volatility. In addition, they can attract new investors - not only institutional, but also individuals.

Maria Salnikova, leading analyst of Expert Plus LLC:

By the end of the first quarter and the first half of 2019, bitcoin costs will fluctuate around the $ 5,000 mark. That is, the expectations are moderately optimistic and consist in the fact that the price will go sideways, without a clear trend for growth; It is also possible to continue falling. Next, you need to focus on the monetary policy of the Fed, political factors and pressure on the global economy from the United States and China.

With optimistic scenario and the growing demand for cryptocurrencies, ethereum can grow to $ 250- $ 280. Litecoin, if it can overcome the $ 40 mark, will go to the level of $ 60. Other less popular assets should be viewed from the perspective of short-term speculation, without holding the idea of ​​growth, or waiting for a wide range of fluctuations. After a prolonged fall, the market has not yet shown signs of recovery.

Olga Prokhorova, expert at the International Financial Center:

To give any long-term forecasts is a thankless task, especially for cryptocurrencies. Visual evidence is the results of 2018, when instead of the “promised” $ 20,000 - $ 50,000. Bitcoin costs four times less than at the beginning of the year.

What is important is not so much the forecast itself, as his argument. But due to the fact that the necessary indicators for a competent analysis of cryptocurrencies simply do not exist, this task takes on the character of “heads and tails”. Fundamental analysis of cryptocurrency is not applicable in principle (there is no such thing as macroeconomic indicators in this market), and the news feed has been very scarce recently. Conducting a classical technical analysis is impossible, since historical data is simply not enough to form clear long-term trends, and medium-term ones are not formed.

THE FIRST QUARTER OF 2019 WILL DEFINED THE FUTURE MARKET FUTURE, BECAUSE THIS PERIOD SHOULD BE DECIDED THE MAJOR DRAFT OF CRYPTOVER - REGULATORY.

Answers to regulatory questions and determine the fate of the market - whether the Bakkt platform will be launched, whether the SEC will decide on the launch of Bitcoin-ETF, etc. But even with a positive scenario (everything was allowed and launched), I do not expect a rally, and I advise you temporarily to forget about price tags in the region of $ 20,000- $ 50,000 for bitcoin. Just waiting for the rally and destroying this market - instead of creating real new breakthrough products and services and selling them for the same bitcoin, people just sit and wait for prices to rise.

Approximate landmarks can be given only for the next quarter. BTC / USD in the first quarter is likely to remain within the range of $ 3.15 thousand - $ 5 thousand. If Bitcoin-ETF is approved, the price tag can be higher, but only if large investors are interested in this market. The dynamics will depend heavily on what is happening on Wall Street, where a new downtrend appears to be emerging.

THE QUESTION THERE WILL BE THE LARGE MONEY IN CRYPTALS, REMAINS OPEN. FROM MY POINT OF VIEW, IT WILL NOT GO: IT IS UNCERTAINABLE, RISK, UNRELIABLE. TO BUILD A QUALITY INFRASTRUCTURE AND TO CLEAN THE MARKET FROM USEFUL PROJECTS NEED YEARS.

Therefore, at the most optimistic BTC scenario, by the end of the first half of the year it could cost about $ 6 thousand, and a year later - $ 10 thousand. Leading altcoins in general strongly correlate with the bitcoin price, because their dynamics will exactly repeat the BTC movement, but in their ranges.

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