Analyst explores Bitcoin's price potential: "$25,000 by the end of 2019"

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Despite the recent downturn, many crypto aficionados (as always) remain bullish on the long term future of bitcoin and the wider cryptocurrency industry. However, one crypto analyst, and influencer blows all others away with his daring prediction of $25,000 per BTC by the end of 2019; so how will this play out? …
Analyst explores Bitcoin's price potential: $25,000 by the end of 2019
Speaking to the Independent, Oliver Isaacs, a self-professed, crypto investor, advisor, analyst, and influencer told of his bullish price prediction, and how actions beyond the cryptocurrency industry are influencing Bitcoin’s price point.
For Isaacs, the recent downturn is little more than a dip in the road to a new all-time high, a road, in Isaacs estimation that is sloped almost vertically upward:
"I believe bitcoin has the potential to hit $25,000 by the end of 2019 or early 2020," Isaacs said.
Catalysts abound 
The analyst continued to provide several catalysts that lay (mostly) outside of the industry, noting the US-China trade war which has been supposedly instrumental in the recent upswing in bitcoin’s price:
"There are multiple drivers behind the recent resurgence. There are geopolitical, technological and regulatory drivers. The net effect of the trade war between the US and China has led to a sudden interest in bitcoin as a hedge on investments."
Isaac’s elaborates on this point suggesting that Bitcoin is fast becoming a legitimate safe haven.
The analyst also points toward increased adoption within the space, such as the recent partnership between Flexa and Gemini which opened the doors for retails such as Starbucks and wholefoods to accept cryptocurrencies as a form of payment.
Ironically Isaacs didn’t even begin to touch on the further developments from Bakkt and Fidelity perhaps the two most highly anticipated developments in the crypto industry which look to foster the long-awaited entry of institutional capital.
Back in May, Bakkt released a post detailing that testing would begin in July, which would include two new Bitcoin futures contracts, and custody service for the physical delivery and secure storage of Bitcoin.
Similarly, a week prior to the Bakkt announcement, Fidelity relayed the beginning of its own operations, proclaiming that institutional clients would be able to start buying Bitcoin “in the coming months.” 
$25k by the end of 2019 by be optimistic but with every possible propellant behind Bitcoin right now, this target isn’t beyond the realms of possibility…


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About Chaudhry
i am working as internet marketing /crypto trading and online business since 2007. always happy with my business.thanks Allah