Bitcoin Price Forecast, Trends and Predictions
We entered the cryptocurrency market early and first recommended the investment to our subscribers when Bitcoin was at $100 and Ethereum was under $10. We also generated incredible returns investing in select altcoins and taking our profits off the table following huge price advances.
We now publish our cryptocurrency research at Nicoya Research.
Can Cryptocurrency Prices Continue Higher?
I believe there is significantly more upside ahead for cryptocurrencies. We are still in the early innings of this technology, adoption is increasing rapidly and new institutional-grade investment products will create on-ramps for big money to start flowing into the space in 2020 and beyond.
At the present time, it is estimated that less than 1% of the population holds any bitcoin. With a strictly limited supply of 21 million and rapidly growing demand, the price has the potential to climb much higher. If just 10% of the investing public were to buy bitcoin, there would be a massive inflow of funds and new demand to push prices to new highs.
Here are my price predictions or forecasts for Bitcoin and Ethereum over the next few years…
Bitcoin Price Prediction / Forecast
2019 Bitcoin Price Prediction: $12,000 (Bitcoin hit $14,000, win!)
2020 Bitcoin Price Prediction: $40,000
2021 Bitcoin Price Prediction: $100,000
Ethereum Price Prediction / Forecast
2019 Ethereum Price Prediction: $400 (ETH hit $365 in 2019, just shy of our forecast)
2020 Ethereum Price Prediction: $800
2021 Ethereum Price Prediction: $1,500
I obviously don’t have a crystal ball and these are just my personal predictions based on my own due diligence and research. If you want to follow which cryptocurrencies we currently hold in our portfolio, plus receive our monthly newsletter and weekly trade alerts, you can subscribe to our top-rated cryptocurrency newsletter by clicking here or the image below.