Bitcoin Analyst Says BTC Could Reach $25,000 by the end of 2019

Bitcoin (BTC) analyst Oliver Isaacs estimates that by the end of 2019, he will reach $ 25,000, according to a report released by The Independent on June 5.

Isaacs explained why he still hopes to be shortly:

"The recent re-emergence has multiple causes, geopolitical, technological, and regulatory causes. The trade war between the US and China had the net effect of stimulating a sudden interest in bitcoin as a hedge for investments."

Draper also allegedly commented on the state of the mainstream adoption trends, and large corporations such as Microsoft, Amazon, Starbucks, and Whole Foods now accept all encrypted payments.

Investor Tim Draper believes that general adoption will be in the coming years. Draper goes so far as to claim that BTC will reach $ 250,000 by 2023. He comments on how to see the near future in the following way:

"I think when you buy a cup of coffee in Starbucks and try to pay in dollars, they will mock you because you do not use Bitcoin or any other cryptocurrency as an old lady who pays a cash prize.

SFOX analysts were more pessimistic, calling cryptography "uncertain" market outlook and warning that recent Bitcoin growth could only be FOMO (fear of leakage). They also pointed out that the trade war between the United States and China is one of the reasons for the BTC protest summit.
As previously reported by Cointelegraph, the Notre Dame University and the Pacific Northwest Laboratory conducted a study on the speed and scope of the Crypto Conversion currencies debate. In the study, prices, and debates on official sub-voices for Bitcoin (BTC), Ethereum (ETH) and Monero (XMR) were surveyed from January 2015 to January 2018.


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