[2019-04-21] Review of Top Three Cryptocurrency Predictions In 2019

[adel hmdt]

It is evident that the cryptocurrency market has recorded considerable growth so far just as some experts predicted. This article will review the status of some of these predictions and how they stand in the 1st quarter of the year.
Co-Founder of Union Square Venture’s Prediction

Out of the many predictions that were announced at the dawn of 2019, the one forecasted by the CEO of Union Square Ventures, Fred Wilson appears to be among the few predictions that are coming to life. Wilson predicted that there would be bullish run in 2019, but selling pressure would possibly drive the price a bit low. “I think this bottoming out process will end sometime in 2019 and we will slowly enter a new bullish phase in crypto,” he said.

According to him, the reason for this market growth would be due to the fulfillment of promises made in 2017. Wilson explained that the emergence of different smart contract platforms would challenge Ethereum which would do a lot of good to the cryptocurrency market. As it stands, the prediction is coming to pass as the cryptocurrency market has recorded significant growth since the beginning of the year.

reference: https://zycrypto.com/review-of-top-three-cryptocurrency-predictions-in-2019-and-how-they-stand-so-far-in-the-1st-quarter/

[Slow death]

No offense, but these guys when they make price predictions always miss their predictions

Ben Ritchie of Digital Capital Management’s Prediction
According to Ritchie of Digital Capital Management, the cryptocurrency market would decouple and end the year with a significant increase in market capitalization. In his prediction, Bitcoin would finish the year at $9500. He also pointed out that two crucial things are supposed to be monitored; the decoupling of the cryptocurrency market in 2019 and the impact of the traditional market on Bitcoin or cryptocurrency.

I think it's a realistic forecast, we're at $5500 and we still have more than 7 months for the year to finish, so it's possible to reach $9500 at the end of the year

Sonny Singh’s Prediction

Sonny Singh is the current Chief Commercial Officer of Bitpay, Inc. According to him, the cryptocurrency market will experience a dramatic comeback with Bitcoin leading the way. Singh predicted that Bitcoin would round up the year with a market price ranging from $15,000 to $20,000.

I see this prediction to be a very exaggerated prediction


When I saw the title I expected to see Tom Lee.

[joniboini]

It is evident that the cryptocurrency market has recorded considerable growth so far just as some experts predicted.

This must be a joke

Who predicts it will reach $100k at the end of last year or this year? Some experts really have no shame. After that, if one of their so-called predictions comes true media will praise them like a god who knows about the future.

[shamc]

These experts are really good, missing the price on practically every occasion. Perhaps they should focus on making predictions in the stock market instead