A blockchain expert Natasha Bansgopsul shared her insight on Bitcoin price anticipation. Since there is a lot of hue and cry about Bitcoin prices hitting sky shortly. Bansgopsul co-founded Konstellation – a company offering blockchain solutions to the global financial industry.
In a media interview, she asserted that 2019 is going to be a very crucial year generally for all cryptocurrencies and for Bitcoin in particular. There are numerous factors in play which will keep drawing more and more attention to cryptocurrencies, specifically to Bitcoin.
Political turmoils, trade wars, and other geopolitical tensions are making Bitcoin an ideal value store. As for investment portfolios, Bitcoin will continue to be a hedge in the future also. Price of Bitcoin is expected to experience a volatile roller-coaster ride amidst these ongoing trade wars and turbulence in international politics.
Bitcoin price on a global level
World’s major organizations are now giving respect to this new blockchain technology creating a whole new ecosystem for more possibilities in the future. Adoption of blockchain by big enterprises like Walmart and Facebook has already drawn massive attention to cryptocurrencies.
Just recently, China also has announced that after many years of development they are ready to present their digital currency for usage. With this announcement of China ready to hit crypto space, it is the safest bet to stay optimistic about Bitcoin prices. Why won’t a currency be affected positively when a fifth of the world’s total population shows a keen interest in it?
In light of all these factors, Natasha Bansgopsul seems really hopeful about a remarkable rise in the price of Bitcoin and other cryptocurrencies in this ongoing year.