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Crypto Predictions For 2019 Make Investors And Traders Toil

Annual meeting on cryptocurrency at Davos 2019 was attended by business leaders, economist and politicians. It started with discussions on the major topics related to cryptocurrency, at the Swiss Mountain Resort of Davos on January 22 and will be held till January 25, 2019.

Angel Vercetti, CEO of decentralized internet of things network Ambrosus, described that there is a general sentiment of uncertainty and worry in the air, worrying the traders and investors this year. The year 2018 witnessed economic growth and the World Economic Forum (WEF) was held when cryptocurrencies were close to their peak values.

Angel Versetti stated, “While last year, people were talking about crypto and blockchain anywhere and everywhere, this year there is comparatively little discussion around it.”

John McAfee, famous in IT and crypto world, has predicted that BTC will hit $1 million by the end of 2020, though he did not pass any comments on the bitcoin price prediction for 2019. According to CEO of investment firm Galaxy Digital Michael Novogratz, while making crypto predictions on bitcoin 2019, stated that it will rise till $10,000 and that too by the end of the first quarter of 2019.

McAfee’s prediction indicates that the daily growth in bitcoin cryptocurrency will be of 0.484095526% and will reach 1 million dollars by the last day of the year 2020.

According to Bitcoin News, a few of the traders and investors are seeing hope into the upcoming days. The co-director and technology investor of Fintech research Center, Micheal Sung stated that the development of global technology, the business models and interpretation of modern applications will make cryptocurrency grow higher and real.

Anthony Pompliano, the founder of Morgan Creek Digital Assets, showing relatively less excitement regarding the growth of bitcoin, on crypto predictions mentions that the current status of the market will require about 650 days to return back to the peak value of bitcoin, as reported on U Today.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]

Kakoli Roy is in architecture planning and interior design with 12 years of experience including writing on health, architecture and interior design for the last three years. Presently writes the latest cryptocurrency news for OWLT Market.

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