William Mougayer says btc will close 2019 at $ 25,000
Through social networks the author indicated that the value of the cryptocurrency will grow 150%
The author William Mougayer issued a prediction regarding the price of bitcoin by the end of this 2019.
As he indicated through his official Twitter account, “bitcoin will increase 150% by the end of 2019, reaching $ 25,000 per btc, while ethereum would reach $ 1,000, with an increase of 365%.”
On the other hand, the author argues that a decrease in the hegemony of bitcoin can be generated in the capitalization within the crypto market, where today it represents 68%. It is expected however that by the end of this year 13% of its importance will fall.
This fall would be related to the expected increase in the relevance of eth over the total capitalization of the crypto market, increasing to 15% of it, and estimating that all cryptocurrencies will have a total value of 750 billion dollars by the end of 2019.
If this prediction came true, it would mean a significant increase in the relevance of the altcoins over the total cryptocurrency market, a possibility that until this last bullish rally lived by ethereum had not been seriously on the table.
K. Tovar
Source: Criptotendencia
