2018 year was very bad for bitcoin: the cryptocurrency fell by 74%, from $14 100 to $3700. It seemed that 2019 looks pretty good (bitcoin has risen to $4,000 and even stayed above this mark for a few days), but now the cryptocurrency is cheaper again.
Investors have only one question: what will happen to bitcoin in 2019? Trying to find the answer together with the leading cryptocurrency experts. Here are the seven most important forecasts.
Calvin Air: $0
In the past a fan of Bitcoin Cash, and now a fan of his controversial Bitcoin fork SV, Calvin Eyre said that in the future “bitcoin price falls to zero, as it has no practical value”.
Forecast date: 26 Dec 2018
Arthur Hayes: $1000 — $10 000
In late December, the head of the exchange BitMEX, Arthur Hayes made a prediction in an interview with Cointelegraph. He suggested that in 2019 bitcoin will be traded in the range of $1000 to $10,000.
Forecast date: 26 Dec 2018
Anthony Pompliano: $2500 — $4440
The founder and partner of Morgan Creek Digital Assets Anthony Pompliano in an interview with CNBC suggested that in 2019 bitcoin will be traded in the range of $2500 — $4440. According to him, in the coming months do not expect a significant market recovery.
Date of forecast: January 10, 2019
Sonny Singh: $15 000 — $20 000
Commercial service Director Bitpay Sonny Singh has suggested that by the end of 2019 bitcoin will grow to 15-20 thousand dollars. As the main driver of growth for the industry, he calls the platform Bakkt, Fidelity, Square and BlackRock, as well as initiatives to launch a bitcoin ETF.
Forecast date: November 21, 2018
Mike Novogratz: $20 000
In an interview with the Financial Times, the founder of Galaxy Digital Mike Novogratz said that bitcoin again for a while will exceed $20 000 — due to the growing interest from institutional investors. According to him, by the end of the first quarter we will see an increase to $10,000.
Forecast date: November 5, 2018
Ronnie Moas: $28 000
Well-known financial analyst and founder of the investment firm Standpoint Research’s Ronnie Moas is confident that bitcoin will bring many surprises in 2019. According to him, the popularity of the cryptocurrency will increase, which will lead to increased demand. And, combined with the limited supply of bitcoin that will cause prices to rise to $28 000 (this is 8 thousand above the historical maximum).
Forecast date: September 9, 2018
Tom Lee: the Year will be difficult
Known captainvalor and head of Fundstrat always been known for optimistic forecasts for the price of bitcoin. However, his latest prediction — 15 thousand by the end of 2018 — was not fulfilled, and the analyst became more reserved. However, he noted that the year will be difficult for bitcoin and other cryptocurrencies.
Forecast date: December 20,
Bonus: the forecast from John McAfee
Of course, we could not help but remember the forecast of criptonita, millionaire and entrepreneur John McAfee (in case you forgot, he is confident that by 2020, bitcoin will rise to $1 million). So that prediction came true to the exact date today bitcoin should be worth at least $30 819. And in fact the cryptocurrency is now trading below $3700. But McAfee is still exactly 440 days.
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