6 Predictions about Bitcoin
We have compiled the predictions about BTC for 2019 and the next 5 years in this article for you. Have a plesant reading.
Predictions for Bitcoin Price
Since the market is facing variable conditions, we only considered the comments of the most prominent analysts of the crypto money market.
# 1 Tom Lee’s Bitcoin Price Prediction
Former Stock Strategist JP Morgan and Tom Lee, founder and chairman of Fundstrat’s research divisions, believe that the cost of spending 1 BTC is directly related to the price of the cryptocurrency. Tom Lee’s estimate is $50,000 for the next five years.
# 2 Sam Doctor’s Bitcoin Price Prediction
Sam Doctor believes that mining costs will be severely affected after the block reward halving and BTC / USD will be positively affected. Sam Doctor’s Bitcoin price prediction for the end of 2019 is $36,000.
# 3 Fran Strajnar Bitcoin Price Prediction
Fran Strajnar has a very optimistic estimate that the BTC will reach $200,000 by January 2020. For now, the market seems to be far away from this prediction of Strajnar, who thinks this improvement will take place with new participants.
# 4 Bobby Lee’s Bitcoin Price Prediction
Bobby Lee, CEO of China’s first cryptocurrency exchange, thinks it will take 20 years for BTC to reach $1 million. Bobby Lee claims that it can reach $333,000 in 2021 and decrease to $ 41,000 in 2023. Bobby Lee said that the market value of Bitcoin could reach 7 trillion dollars and as a result the price would rise seriously, adding that Bitcoin will provide price stability and global liquidity in the coming years.
# 5 John McAfee’s Bitcoin Price Prediction
McAfee, who has become more optimistic than ever, claimed that Bitcoin could reach $ 1 million by 2020. McAfee claimed that other altcoins like Apollo and MTC could increase in value 10 times more.
In a recent interview with the Cointelegraph, McAfee predicted that 10 years from now “there will be no fiat anywhere in the world […] that everything will be taken in encrypted currency”.
# 6 Anthony Pompliano’s Bitcoin Price Prediction
A few months ago, Morgan Creek’s founder Anthony Pompliano said Bitcoin would never rise in value. He said that the BTC could fall to $3,000, then continue to rise in 2019, and that would be the same. He said there is no reason to fear the declining price as Bitcoin’s foundations are strengthened.
By 2025, the price increase is inevitable given that Bitcoin will be used by more people, which means that real-time usage will increase the price and make it even stronger. Let’s see what the future holds.
Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.