Bitcoin suddenly dropped and price reached at two months low. All technical analysis became wrong. But that was not actually sudden drop. There are some reasons which cause of drop. Some are definite and some reasons are analytical. Bitcoin price crash is due to fundamental changes and market news. So bitcoin future price prediction 2019-2025 will not clear if price will respect technical levels. Otherwise we will lose bitcoin. And bitcoin future price will less than $1000.
Why is Bitcoin Price Crash ?
Indian government totally banned cryptocurrency bitcoin. Indian government wants to kill bitcoin crypto. But they still love blockchains. Indian business man want to launch his own crypto currency. That may a factor of bitcoin price crash and bitcoin ban in India. Because business man wants to launch his own coin in India that’s why he banned it by giving some right arguments on it.
Second reason is that may price is checking its lowest range. According to Elliot there will correction in waves. It seems this was a corrective wave. May be wave 2 or wave 4 that’s why bitcoin price crash. According to Elliot 2 and 4 are corrective waves. Market will respect them and after completion price will definitely grow. If it is then we must keep invest in coin. And very soon we will see huge profit from bitcoin.
Bitcoin Future Price Prediction 2019-2025
Bitcoin price prediction 2019 is that price of bitcoin will more than $1500 again. For now boost in price will more fast and smooth. Price of bitcoin will very straight that’s why investors may loss entry level. So keep an eye on it.
Bitcoin price prediction 2020 is that price of bitcoin will more than than $25000. This is not analyze by us but also many big traders and analyst predicted future price of bitcoin up to$25k.
Bitcoin price prediction 2021-2025 is that price of bitcoin will up to $10,0000. It seems impossible for now. But some traders and analyst thinks bitcoin is future. Not only bitcoin but also other coins like Litecoin, Ripple, Ethereum, Bitcoin cash etc.
Cryptocurrency price prediction is very hard. But we have deeply research on cryptocurrency and analyzed these results.