What to Expect in 2019: BTC, BAT, and Steem.
There are only a few weeks of 2018 left, and considering how bearish and crypto-unfriendly this year was, a lot of investors will likely be pleased to see it gone. Many believe that 2019 will be the year that will correct BTC prices and bring forth the period of great recovery.
But what does that mean for digital currencies? Which ones are a good investment right now? This is something that we will, hopefully, be able to answer right now. Here are the top 3 coins that everyone should keep an eye on in 2019.
1. Bitcoin (BTC)
Of course, we have to start with Bitcoin, the first and largest cryptocurrency. Bitcoin has lost a lot in 2018, and its losses are unparalleled by any other coin. In fact, in terms of market cap, Bitcoin has lost as much as the rest of the crypto market put together.
Many believe that its rapid growth, which started in late 2017 and has brought it to its all-time high, is responsible. That the bearish 2018 was only a one large price correction of the last year’s price surge. Even if this is true, price corrections, luckily, all end sooner or later, and when this one comes to a close, Bitcoin will likely be ready for a big comeback.
2019 is expected to bring a lot that will serve BTC’s rise to dominance. Many of the things expected to arrive are actually only events that were already supposed to happen in 2018. Instead, they got delayed. These include things like the Bakkt exchange, as well as the potential approval of Bitcoin ETFs. Many experts agree that moves such as these will be the final thing that will convince institutions to start taking part in the “crypto revolution”, and start buying coins. If this actually happens, Bitcoin’s price might be capable of even exceeding its old $20,000 per-coin value. Why not invest in it while it’s still only $4,000?
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