There are a common question every where .........
What is future of bitcoin? what is future of bitcoin?
I am following bitcoin since 2016 but till now i do not understand its nature.I have few questions to community.
Do you currently hold Bitcoin and are wondering whats going to happen its price in the near future, what is the Bitcoin price prediction 2019? Or whether its a good investment or not over the long term?
I have some confusion about bitcoin.
Whats your opinion?Hope i will get a correct solution from community.
Your question really isn't "what is the future of bitcoin". Your question is much better phrased as "what do you think the movements of the bitcoin markets is going to be in the near future".
Anyhow, I think that at some point in 2019, markets will rebound from the lows that was saw this year. I believe prices could likely drop further before that recovery finally happens, potentially even to $4-5k due to panic sellers and just general bearish sentiments.
But in the second half of 2019, expect the market to be somewhat rejuvenated as that tends to be the length of bear markets in the past. There is also reason to be bullish then due to the 2020 halving, which is likely going to feed into the market's psyche. Overall, while I'm not very optimistic about the recovery happening in the first two quarters of next year, I do think that the last two quarters are going to be much more bullish than what we saw in 2018.