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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 futures on December 17th 2017 resulted primarily in subdued returns to Bitcoin going forward.Moreover, together with so many Bitcoin ETF suggestions submitted to the SEC this year we start seeing a trend that is somehow concerning for our Bitcoin cost prediction.  As said, 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.

All of these funds sought to utilize futures contracts to find exposure, with several planning to brief Bitcoin. The regulator needed a hard-deadline to deny or approve all these products over the next month; their orders to list had been pending since December and January.  Investors expects for a Bitcoin ETF now rest on just one fund from VanEck Associates Corp..

The ruler that month pushed back a ruling on that merchandise until at least September and may finally undergo February to make up its own mind.What we see will be an emphasis on non-physical Bitcoin ETFs. The ETFs that are filed are mainly derivatives. They can go short, or are correlated 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 to institutions. Thats a positive.All in all we believe increasing derivatives in Bitcoins marketplace will put pressure on returns.

Bitcoin usageAs per the Bitcoin usage and adoption figures on Statista.com the ownership of Bitcoin is still quite low, slightly but not much higher than when we wrote 10 Investment Tips For Cryptocurrencies Investing 18 months ago.The 3 stats shown below, however without accurate figures as thats only accessible for premium members, reveal that Bitcoin ownership was very low in the U.S.

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Adults planning on investing in Bitcoin a knockout post is obviously a phenomenon for the younger generation which likely crypto a product of the digital age.Moreover, when it comes to Bitcoin ATMs globally, we see a stagnation in the last few months. This is the first sign of stagnation. It suggests to us that the idea of using Bitcoin as a payment procedure is being challenged right now.

This, of course, is critical information for out Bitcoin price forecast for 2019. Bitcoin as an investment is maturing, with futures being introduced 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 have the mandatory features of a payment method.

The old generation is skeptical.That stated, and as per InvestingHavens blockchain & crypto investing study, Bitcoin evolved early this season into the leading indicator for the crypto market. We started writing about this in February, as the crypto crash was going on. Many crypto investors made a big error by focusing on the wrong indicators for the crypto market.

Nothing more, nothing less.Obviously, if 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 our annotated long term Bitcoin price chart ought to help us with this.Below is the 4 year chart of Bitcoin.

Note that Bitcoin never dropped into its support band, implying there was plenty of downside potential before the long term bull market could be over. This certainly is not the way crypto investors believed about it, on the contrary.Bitcoin is now trending in its transition band, since May of this past year.

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

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Bitcoin could nevertheless reach 50,000 USD in 2019 however, 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 visit Bitcoin Price hit 50,000 USD or cross over.