Bitcoin Price Forecast, Trends and Predictions
Bitcoin and other cryptocurrencies rocketed higher in 2017, only to correct sharply in 2018. At Gold Stock Bull, we entered the market early and first alerted our subscribers to the potential of crypto when Bitcoin was at $100.
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 2019..
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
2020 Bitcoin Price Prediction: $40,000
2021 Bitcoin Price Prediction: $100,000
Ethereum Price Prediction / Forecast
2019 Ethereum Price Prediction: $400
2020 Ethereum Price Prediction: $1,000
2021 Ethereum Price Prediction: $2,000
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, click the button below to get started.