While there are high expectations on Bitcoin by the end of 2019 and that bitcoin will rise in price to $ 20,000, the current situation is not that shiny. According to the economy forecast agency 30 RATES we should not expect the price of bitcoin to go up for the next month.

Here’s their Bitcoin price prediction:

Bitcoin Price Prediction By Day

Date Weekday Min Max Price 05/21 Monday $7674 $8830 $8252 05/22 Tuesday $7845 $9025 $8435 05/23 Wednesday $7587 $8729 $8158 05/24 Thursday $7463 $8587 $8025 05/25 Friday $7298 $8396 $7847 05/28 Monday $7267 $8361 $7814 05/29 Tuesday $7461 $8585 $8023 05/30 Wednesday $7517 $8649 $8083 05/31 Thursday $7008 $8062 $7535 06/01 Friday $6789 $7811 $7300 06/04 Monday $6881 $7917 $7399 06/05 Tuesday $6749 $7765 $7257 06/06 Wednesday $6565 $7553 $7059 06/07 Thursday $6428 $7396 $6912 06/08 Friday $6524 $7506 $7015 06/11 Monday $6494 $7472 $6983 06/12 Tuesday $6855 $7887 $7371 06/13 Wednesday $6972 $8022 $7497 06/14 Thursday $6843 $7873 $7358 06/15 Friday $6728 $7740 $7234 06/18 Monday $6768 $7786 $7277 06/19 Tuesday $7080 $8146 $7613 06/20 Wednesday $6811 $7837 $7324 06/21 Thursday $7131 $8205 $7668

We can find same predictions made by Coin Price Forecast Center.

It turns out to be bad times for Bitcoin. But nevertheless, in long-term, lots of specialists agree in one thing – it will become the digital gold rather than the cryptocurrency to be used on daily basis. This means the price will definitely go up in the long run.

Update:

By the time this article was started, BTC to USD was traded at around 8300. By the end – 8490 so it seems that most predictions of the price are very blurry, especially in the long-term.

chart from tradingview.com