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Bitcoin Price Predictions for 2019: Part 2


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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW

Trace Mayer https://www.tracemayer.net/ Prediction: bitcoin-price-will-reach-27395-in-just-four-months” goal=”_blank”>https://cointelegraph.com/news/ultra-rich-investor-trace-mayer-predicts-bitcoin-price-will-reach-27395-in-just-four-months bitcoin-115k-2019/” goal=”_blank”>http://bitcoinist.com/trace-mayer-bitcoin-115k-2019/

Max Keiser http://www.maxkeiser.com/ Prediction: bitcoin-growth-by-mid-2019″ goal=”_blank”>https://cointelegraph.com/news/predictions-roll-in-as-tom-lee-sets-40-bitcoin-growth-by-mid-2019 bitcoin.html” goal=”_blank”>https://mikenormaneconomics.blogspot.pt/2019/02/max-keiser-ignore-roubinis-bitcoin.html cryptocurrency-in-2019/” goal=”_blank”>http://www.maxkeiser.com/2019/01/3-straightforward-predictions-for-cryptocurrency-in-2019/ https://www.youtube.com/watch?v=SXuTzC-RhsY cryptocurrency-in-2019/” goal=”_blank”>http://www.maxkeiser.com/2019/01/3-straightforward-predictions-for-cryptocurrency-in-2019/

Trace Mayer has formal schooling in Accounting and Law and he studied Austrian economics, he additionally was a blogger again when Bitcoin was in its infancy and commenced recommending his viewers to take a position when it was at $0.25. I wished to start in the present day’s video with Trace’s ideas for instance of what a **very long time** Bitcoin believer sees as a sensible valuation for this 12 months and the years to come back. His ideas on the value of Bitcoin for this 12 months are fairly conservative in comparison with the others I’ve lined to this point. Back in October 2019, about 2 months earlier than the dramatic run as much as it’s new all time highs in mid-December, Trace was predicting Bitcoin’s value to hit $27,000 in February 2019. Citing its 200 shifting day common as the rationale for this value to be an inexpensive valuation. He gave one other prediction in January, Three months later after seeing the value actions in December and the recoil in January. This time he talked about that if Wall Street buyers wished to get into Bitcoin, that Mountain of cash might catapult Bitcoin’s value to $115,000 this 12 months, which might be fairly over valued. Until this occurs Trace sees Bitcoin hovering within the $9,000-$14,000 vary for the rest of this 12 months.

Max is a monetary analyst and has a present on RT referred to as the Keiser Report along with his pretty cohost Stacey Herbert. Frankly I don’t care if this comes off as biased, however I’m an enormous fan of their present. It’s both the nice banter between the 2 hosts or the plethora of data they cowl within the brief period of time or simply the sheer enthusiasm and keenness that just about oozes out of Max, however I’m a fan and I’m going to suggest that you simply test it out should you haven’t already. He does say that he sees the way forward for Bitcoin hitting the $100,000 mark however doesn’t present a timeline. His different predictions for cryptocurrencies in 2019 embody: * Influx of institutional investors- 2019 introduced us BTC futures because of the CME and CBOE, this might set the stage for ETFs in 2019. Which would lead extra institutional buyers into Bitcoin and cryptocurrencies on the whole. * Increased strain to tax cryptocurrency gains- the courtroom case between Coinbase and the IRS was a touch that they’re excited about figuring out who’s invested in what they usually sort of positive aspects they’ve made that they haven’t been reporting. * Increased Regulations – Which might result in large value swings like we noticed with each announcement out of China in 2019.

As it seems, my time spent organizing this collection has despatched me down a kind of rabbit holes so I’m going to finish with the Max Keiser in the present day. Although this one could be leaving one thing to be desired, I’ll be again tomorrow with extra insights and a few thought frightening dialogue for you all as we discover how Cliff High and his Web Bot makes predictions and likewise, the notorious wager that John McAfee waged that might find yourself seeing him flip right into a self-inflicting cannibal of types.

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