Post
Topic
Board Speculation
Re: What Do You Expect From The Market in 2019?
by
oneirozwis13
on 22/12/2018, 16:42:59 UTC
Most of the predictions are saying 2019 will be the year of recovery. With the way ICOs have fared do you think the price of Bitcoin will rebound? Ripple is one of the coins that may be axed in 2019 if SEC feels confident enough to make that move and that will definitely affect Bitcoin price big time. In any case 12 months is a long time and I think sometime next year things may shape up but it won't be as easy as we assume. https://cryptoinfowatch.com/ripple-currency-news-will-ripple-centralization-wreck-the-cryptocurrency/
We hit $2400 just a few days ago followed by a sharp rebound to $4000+. As you say 2019 will be an interesting year.

I think we will see a high price sometime in the year, whether or not Ripple gets axed, as ultimately Ripple is not wholly, in and by itself Bitcoin, and does not necessarily reflect the future of Bitcoin (though such an event would likely have sharp short-term price implications on Bitcoin).

In the long run, Bitcoin is Bitcoin, no matter what Ripple does, so I think we will always see very strong buy pressure in the low price range. 2019 seems to be the year of 'high highs and low lows', so that's what I would expect to see, some of everything. Probably a trying time for the patience of investors!