What are the forecasts of Bitcoin listing by the end of the year 2019? What do the experts say? After the "black" period, in the next few months the Bitcoin price will recover ample ground until it reaches the highs reached in December 2017. Certainly, the Bitcoin bulls will absolutely not stop at 20.000 $.
Open interest in # Bitcoin CME futures at an all time high. pic.twitter.com/tVHztEdCCC
- Jordan Samulaitis (@jsamulaitis) June 3, 2019
Bitcoin and cryptocurrency quote forecasts: the word to the experts
Jeet Singh, a manager expert in cryptocurrency management, told al World Economic Forum of Davos, that the current volatility is completely normal when dealing with the cryptocurrency sector.
The same expert pointed out that it is quite normal for cryptocurrencies to range from 70% to 80%. This is one of the main reasons why the current volatility does not bother him at all.
Secondo Andy Cheung, senior executive of OKEx platform, the Bitcoin quotation will go beyond the 20.000 $ and, in support of this thesis, it will be the halving scheduled for the month of 20 May 2020.
Let's compare the trend of cryptocurrency with the performance of the securities of listed companies of the caliber of Microsoft and Apple. Initially, their stocks were also quite volatile, but once they developed their business model, stocks not only increased but stabilized.
Many investors are currently worried due to the high volatility of cryptocurrencies, but in the long term, there is absolutely no need to fear fluctuations in asset prices.
Today Monday 3 June 2019, the Bitcoin listing reached 7.688,44 € (8.586,98 US dollars), but by the end of the 2019 the forecasts are optimistic.
"After having experienced a turbulent year in 2018, I believe that Bitcoin will recover a value between $ 10.000 and 15.000"He stressed Samuel Leach, CEO and founder of Yield Coin.
In support of this belief we must consider that Intercontinental Exchange, the operator of the New York Stock Exchange, is planning to launch Bakkt, a regulated market at federal level that will allow institutions and consumers to buy, store and sell cryptocurrencies in a transparent and secure way.
Bakkt is supported by companies of the caliber of Microsoft, Starbucks and the Boston Consulting Group and will make a change in the cryptocurrency market.
Also the Exchange ErisX recently raised $ 27,5 million from Fidelity Investments and Nasdaq and plans to launch the Bitcoin derivatives in the middle of the 2019.
Therefore, great innovations that will positively impact on the Bitcoin listing, ready to break through the 20.000 $ by the end of the year 2019.
The involvement of such significant financial institutions "will lead to a appreciation of the Bitcoin price". (see the bitcoin guide)
Furthermore, proper regulation will make the digital asset market more secure and reduce the presence of cyber criminals.
