The rate of Bitcoin by December 2019 can grow from the current $ 3.4 thousand to $ 9.5 thousand. This forecast was voiced by Ben Richie, operating director of Digital Capital Management. In his opinion, this will be due to the rapidly growing investor interest in Bitcoin. In addition, the massive adoption of cryptocurrencies around the world will play a significant role in this. Growth in the price of the first cryptocurrency by the end of this year could reach 84% (from the current level), analysts at Finder say.
Analyst Travis Kling also sees positive Bitcoin prospects. In his opinion, the policy of the US Federal Reserve System will contribute to strengthening the position of digital gold in the world market. So, because of her refusal to increase the discount rate, people will be more interested in cryptocurrency.
But remember, I'm just translating the article into an interview with analysts. Everything that is snooped in the articles about the forecasts of bitcoin is all just the opinions of different analysts.