Will Bitcoin Continue to Rise? Crypto Experts Finixio Make Their Predictions

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Bitcoin Price Prediction: Will Bitcoin Crash or Rise?

Some have called Bitcoin a fraud and many have suggested that cryptocurrency prices are in a bubble, that will eventually burst. While claims like these have sidelined many investors from will bitcoin rise into the market, they are not the only reason.

Volatility and lack of safeguards that other financial assets have also been critical for investors. But, do bubble claims really hold any water?

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If Bitcoin was a bubble, why do we see it keep coming back, rising from the dead? People are HODLing The adoption of Bitcoin is increasing, but people are still not utilizing this coin to buy an asset.

Bitcoin price rise: Will Bitcoin keep rising? Why is BTC soaring?

Research reveals that in the yearabove ninety percent Its involvement in payment system around the globe is still negligible, and most people just hodl Bitcoin. When Bitcoin started 10 years ago, the payout to Bitcoin miners for verifying new blocks was 50 Bitcoins and in May it will be 6. The halving is a very positive for Bitcoin. It increases the scarcity of Bitcoin, since the number of Bitcoins created is less.

The more scarce it becomes, is the greater the demand will be, which will likely lead to a price increase. This decrease in rate of supply growth, means less downward pressure on the price of Bitcoin over time.

Is bitcoin's meteoric rise in value now different than the speculative frenzy of late and early ? And where does the price of bitcoin go from here?

Institutional Investors Demand for Will bitcoin rise by institutional investors appears to be increasing. Institutional investors are investing in cryptocurrencies like Bitcoin.

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There are also effective bitcoin trading apps developed to trade bitcoins like a professional. JP Morgan Chase has been leading the way, having announced JPM Coin earlier this year, the first cryptocurrency issued by a big international bank.

Data is showing an uptick in the institutional demand.

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This shows a shift of the sentiment in the market. Libra Facebook is one of the largest companies in the world, worth billions. Its recent launch of Project Libra has received the attention of digital and traditional media outlets.

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This is an amazing development for Bitcoin and other cryptocurrencies. On one hand it means that Bitcoin may face possible competition — and competition is always good because it moves things forward, it also means that huge numbers of retail investors through Facebook will get into the market.

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This lowers the chance of the crypto market vanishing, as some have predicted in the past. The value of the cryptocurrency soared, as investors bought Bitcoinmto diversify their portfolios, as a hedge on investments. The researchers point out key factors that indicate a rising interest in cryptocurrencies in the US, and an openness among more people to participate in a new global economy.

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IMHO the price of Bitcoin and cryptocurrencies are here to stay and prices will rise even more this year. The sky remains the limit. I have no positions or commercial relationships with the companies or people mentioned.

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