Bitcoin(BTC), a decentralized, blockchain based cryptocurrency is about to touch $23500 in 2019.The last month of 2018 has started and BTC is still on its downtrend. The main reason what the crypto folks are pointing out to is not getting a green light from the SEC regarding the BTC ETF. But, 2019 is what the crypto enthusiasts are looking forward to. Even NASDAQ, the second largest stock exchange in the world has also vowed to launch Bitcoin futures in the first half of 2019.
Mike Novogratz said explicitly that he believes there is going to be big adaption in 2019,2020 as he thinks there will be more participation from people in the blockchain space.Now that the state government of Ohio has announced that it is going to accept tax payments in BTC wherein the government has partnered with Bitpay to make this happen conveniently so that the bitcoins can be converted into dollars on behalf of the tax office. This is just a glimpse of the adoption rate going higher and higher.
Market Prediction For Bitcoin Price:
As the market is experiencing volatile conditions, we should back up the prediction with the market experts, who have been the mind and heart of the cryptocurrency market.
Let's have a look at one of the famous Bitcoin predictions:
John McAfee Bitcoin Price Prediction: John McAfee, the founder of the popular McAfee software and an ardent Bitcoin follower predicted that Bitcoin will hit $1 million by 2020 following last year’s prediction of $7000 which was well surpassed.
No one can predict the prices of cryptocurrencies because they are volatile in nature, as prices keep fluctuating every now and then.So always have a backup of the prediction with the market experts.
You can get more updated informations through Bitcoin Price Prediction
