Due to mining Bitcoin price will rise to $ 36,000 by 2019
False. Mining bitcoin expands the money supply. Increasing supply drives the price downward.
A new study by Fundstrat Global Advisors shows that by the end of 2019 the price of bitcoin will reach $ 36,000,reported co-founder Tom Lee.
Analysis of the relationship between the cost of mining and the price made it possible to conclude that the price of the cryptocurrency will vary between $ 20,000 and $ 64,000 by the end of 2019.
These calculations take into account the price of BTC in relation to the profitability of mining, which shows "a reliable long-term level of support."
"We expect the mining economy to grow over the next few years and the bitcoin price will reach around $ 36,000"[/size]
What do you think about it?
If that's the only reason Tom has given for the price rise, Tom is wrong. The price can't go up if the supply of bitcoin is increasing and all other factors stay the same. Since Tom (in your summary) doesn't mention any other factors, we must assume that Tom is assuming all other factors remain the same.
If the price of Bitcoin goes up it'll be because more people buy AND HODL bitcoin.