Bitcoin
BTC$47 925.68

0.68%

Ethereum
ETH$3 423.11

0.38%

Cardano
ADA$2.37

0.38%

Binance Coin
BNB$410.57

0.26%

Tether
USDT$1.000627

0.04%

XRP
XRP$1.078025

0.61%

Bitcoin Price Forecast


#Bitcoin

Bitcoin is a coin that hardly needs any introduction. It is the first crypto ever to be created, as well as the largest coin in the current crypto market. Its' market cap exceeds half of the total crypto market's market cap, and it is the dominant coin, as it has always been in the past decade.

Bitcoin is the first crypto that any newcomer to the crypto industry explores, and while its technology is considered old and outdated — especially when compared to the newest projects — it is still highly respected for its value.

And, while we are on the topic of its value, it is highly volatile. In fact, Bitcoin is so dominant, so influential, that it commands the prices of the entire crypto market. Many like to claim that investing in altcoins makes no sense, as they move how Bitcoin dictates. Of course, this is only partially true, and coins are known to follow their own path. But it is undeniable that BTC holds major influence over them.

Bitcoin in 2019


But, what can be expected of Bitcoin's own price in the future? This is as difficult to predict as it is with any other asset, especially those in crypto space. Cryptocurrencies have ignored a lot of events that should have taken their price to the moon, as well as those that should have knocked it down in 2019.

The hack of Binance from a few months ago would have had a major impact on crypto prices a few years back, or so everybody thought. In 2019, however, no coin paid any attention to it. Similarly, Bitcoin Futures exchange, Bakkt, finally saw launch only weeks ago, and cryptocurrencies once again failed to react in any meaningful way, including Bitcoin itself.

BTC price is known for its volatility, but it seems to be following its own rules these days, instead of just allowing any event to manipulate it, as it did before. This might be seen as a sign of maturing, although it is not likely that great stability will come along. In fact, many believed that BTC would soar in 2019 and reach greater heights than ever before.

This opinion was further encouraged by the coin's behavior earlier this year. On April 1st, BTC surged up, in the first of several major bull runs that had taken place over the next few weeks. It did so again in the first days of May and June, eventually going from $3,200 — its price at the beginning of the year — to almost $14,000 in only a few months.

After that, corrections started to arrive, and the BTC price was struggling to stay up. It first fell to $12,000, and then to $10,000, only to finally drop to $8,200, This is where it has been holding up for about a month now, awaiting the end of the year, when some expect a new bull run, while others think that the next drop is about to take place.

So, what will actually happen? The truth of it is that nobody knows. A few years back, BTC would have definitely surged with the end of the year approaches. However, with the situation being as it is right now, it seems like there are no such certainties anymore. The end of the year might bring changes, though, so keeping a close eye on the coin is certainly a good idea.

Author: Ali Raza for Crypto-Rating.com

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 86.4% 18 $47 925.68 0.68% 6.58% $901 951 445 458 $27 919 462 130
2 Ethereum (ETH) ETH Ethereum predictions 76% 50 $3 423.11 0.38% 5.21% $402 491 721 391 $15 553 045 416
3 Cardano (ADA) ADA Cardano predictions 67.2% 67 $2.37 0.38% -7.94% $75 823 653 054 $2 080 207 302
4 Binance Coin (BNB) BNB Binance Coin predictions 68.8% 70 $410.57 0.26% 2.36% $69 032 640 296 $1 283 622 699
5 Tether (USDT) USDT Tether predictions 96% 1 $1.000627 0.04% 0.04% $68 335 359 250 $59 329 429 542
6 XRP (XRP) XRP XRP predictions 72.4% 59 $1.078025 0.61% 0.96% $50 259 931 930 $2 252 778 370
7 Solana (SOL) SOL Solana predictions 57.6% 90 $167.50 13.39% -4.91% $49 743 317 996 $5 600 026 562
8 Polkadot (DOT) DOT Polkadot predictions 59.2% 81 $34.32 2.31% 8.72% $33 890 426 406 $1 838 398 069
9 Dogecoin (DOGE) DOGE Dogecoin predictions 62.8% 75 $0.241065 -0.37% 0.25% $31 660 952 487 $981 852 553
10 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $1.000557 0.03% 0.03% $29 403 262 185 $2 112 261 871
11 Avalanche (AVAX) AVAX Avalanche predictions 64.8% 69 $69.31 -5.01% 25.67% $15 268 911 437 $1 827 693 735
12 UniSwap (UNI) UNI UniSwap predictions 71.6% 63 $24.33 -0.87% 8.50% $14 880 383 376 $283 300 955
13 Terra (LUNA) LUNA Terra predictions 68% 64 $35.04 0.38% -9.65% $14 075 024 420 $740 942 492
14 Chainlink (LINK) LINK Chainlink predictions 74.4% 52 $28.27 1.53% 5.94% $12 820 613 105 $1 032 467 819
15 Binance USD (BUSD) BUSD Binance USD predictions 94.4% 1 $1.000531 0.04% 0.04% $12 820 356 340 $4 823 361 344

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