Bitcoin price prediction for upcoming years - BlockchainVsCrypto - Get Early Access for Success

Tuesday, October 23, 2018

Bitcoin price prediction for upcoming years

In this Cryptocurrency review, I have covered all point related to Bitcoin from their beginning to upcoming years. why I am so confident in blockchain technology & cryptocurrency. In this blog, I also cover this points.

Bitcoin: Bitcoin is mother cryptocurrency of in cryptocurrency field was developed or started in 2009 by Satoshi Nakamoto. No one knows this person but assumption that this person from Japan by their name. He introduced bitcoin as cryptocurrency to people in 2009 by the value 0.06$. 

Basically, Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Bitcoin is working independently peer to peer technology where a transaction occurs between two respective person without including central banks.

If you look at the price history of the last 5 to 6 years in bitcoin one thing happen in every year's bitcoin is consistently growing day by day. few year back journey starts with 0.06$ now bitcoin trade around 6500$. why this happens, let's check it
Bitcoin grow because
  • Less circulating supply
  • New technology
  • High demand and much more factors responsible for bitcoin to the moon
  • Popularity
  • People acceptance 
  • A new era in digital payment system you can send money with 1 or 2 minutes in cross-borders  without the help of intermediate
  • High demand and much more factors responsible for bitcoin to the moon

forget past now talk about the future, my thinking on bitcoin is bullish after ten-month downfall has come to end & now bitcoin in accumulation zone so be ready for some upside moment. Currently bitcoin trade around 6500$ on major top exchanges. we saw downfall from 19500$ since January 2018 till now downtrend continues to moves downward, but from this point risk only for 10 to 15% downside & upside movement you cant imagine.
Most of the top legend in cryptocurrencies made his or her price prediction for 2018-2019 & almost 90% of those people are bullish in Bitcoin. If you average all this legends price protection and calculate it then the price is around 20000$ by end of 2018. its quite difficult at this point but Cryptocurrency is very volatile & in past unbelievable things are happens. 
I think different factor will boost bitcoin price in upcoming days 
  • Exchange Traded Fund
  • Bakkt exchange launch on 12 December
  • Fidelity will introduce in cryptomarket in Jan 2019
  • Google trends say that crypto awareness increases day by day
  • People acceptance also increases

  • ETF: An exchange-traded fund is an investment fund traded on stock exchanges if Bitcoin enters in ETF a large amount of money enters in the crypto field which boosts cryptomarket.

  • Bakkt: Bakkt is trading platform introduce on 12 December. Basically, Bakkt is Nuyork stock exchange based platform for buying bitcoin in delivery trading. Bakkt also partnered with Microsoft & Starbucks For accepting payment in bitcoins. This two very well known companies which enter in cryptomarket. 

  • Fidelity Investments Inc., commonly referred to as Fidelity, is a multinational financial services corporation. It is the fourth largest asset manager with $2.6 trillion in assets as of March 2018
This three factor will boom bitcoin price in upcoming three month. so, keep eyes on bitcoin for gaining some handsome profit in short period. hope you like this blog, if you have share your thoughts then comment us. thank you

No comments:

Post a Comment

'; (function() { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = '//' + disqus_shortname + ''; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); })();