Fundstrat Anticipates 2019 to Bring Incremental Improvements Supporting Higher Cryptocurrency Prices

An introduction to the study and infographics that follow the main market trends from 2017 to the present.

"We see nine incremental improvements in the landscape that eventually cost more," says Lee's tweet.

An overview of the introductory chapter gives a short review of 2018 which, according to Fundstrat, was very disappointing.

Analysts say that negative barriers, such as initial wake-off delivery (ICO) after mourners, adverse regulatory movements, and excessive business, have reversed some of the achievements of the crypt, including launching a lightning strike and portfolio growth. As a result, the year was more like "morning after thinking," the report said.

However, in 2019 the situation will start to change slowly. The Fundstrat believes that it is still too early to talk about mass adoption, but notes that the cost of cryptocurrencies likely to have visible recovery:

"Is 2019 the dominant age?" Nan. However, it is not necessary for cryptographic prices to reach the lowest level in 2019, and by the end of 2019, we expect a noticeable price recovery. "

At a macro level, the report cites the expected US dollar collapse as the first reason for the price rise of Bitcoin (BTC). Fundstrat analysts also believe that shares in emerging markets will surpass American stocks and bonds, creating a cryptographically friendly environment.

Outlook also suggests that the expected institutional investments will increase in 2019, as custodial solutions and off-market transactions will be developed, which will contribute to the recovery of cryptographic prices.

Moreover, the Fundstrat notes that a general interest in cryptography could be triggered by the recent Binance decision to support the purchase of credit card cryptography, as well as rumours that large companies such as Bitfury and Bitmain could consider making initial public bids.

The publicity of the report coincided with the recovery of the market that began on Friday, February 8th. Bitcoin beat the $ 3,600 mark and managed to stay three days in a row above that level, while the other major currencies on that date recorded double-digit gains.

By the end of 2018, Tom Lee announced he would no longer give any predictions about the price of Bitcoin. However, the analyst still believes that the $ 25,000 fair price for the first world currency, knowing that the fair value of the coin could reach $ 150,000.


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