What will 2019 be Like for Bitcoin? Great Growth or Further Recession?

[Goodcat49]

This year was not the best for crypto traders, let’s hope 2019 will open new opportunities for Bitcoin. Experts predict Bitcoin will largely increase in value by the end of next year. However, one must always be aware of certain risks related to fintech.

What do Experts Think?   
Last week, tech investor Jeet Singh made a prediction at the World Economic Forum, stating that Bitcoin has a chance to reach $50,000 by the end of 2019. Another crypto evangelist, John McAfee, shares Mr Singh’s opinion of a bullish market trend but with a small amendment. He believes Bitcoin’s value will more likely jump up in 2020.   

“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my dick if wrong,” John McAfee wrote on his Twitter.   

However, some people have begun to have vague thoughts towards Bitcoin. For example, Mike Novogratz, CEO of Galaxy Digital Capital and advocate of cryptocurrency, changed his bitcoin price prediction in a less positive direction. Earlier this year he said that Bitcoin could “easily” gain $40,000 over the year. Last month he officially admitted that the top virtual coin would not exceed $9,000. Furthermore, popular analyst Willy Woo claims that Bitcoin will not recover until the middle of 2019.   

Nikita Kutsenko, a trader, analyst and Co-Founder of STIPS|FinTech, a decentralized crypto-finance ecosystem for smart investing and asset management, told Coinidol:     

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/what-will-2019-be-like-for-bitcoin/