Bitcoin News Is Not For Sale

Please don’t skip this message — it only takes a few minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent media that is bitcoin-only is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 won’t break you, we hope.

To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send a Sats as a tip to a writer. Each and every one of our writers has an active tipping widget.

  • Join our campaign on Awesome perks are waiting for you such as the Bukele Blend Coffee.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.

Funding Progress

Hedge Funds Predict Strong Finish for Bitcoin in 2019

written by

Support free journalists: > send a tip

A fresh poll from US comparison website Finder has revealed that the majority of top executives from leading financial technology (fintech) firms and essentially hedge funds believe that Bitcoin price still has some distance to go in 2019, with some believing it will end the year as high as USD 9,650.

In the past two months alone, since the first day of April, Bitcoin price has climbed steadily from USD 4,000 to above USD 8,000, more than doubling in valuation. All this, the poll respondents noted, are happening alongside underperforming mainstream financial markets, as the world’s two biggest economies slug it out over economic issues like trade tariffs.

Celcius Network CEO Alex Mashinsky, sees a strong projection in the long term, believing that even the current arguments of Bitcoin’s vulnerability to manipulation will soon be a thing of the past when trading moves over to decentralized exchanges.

Almost half of the Finder survey respondents said that this had convinced mainstream investors to divert away from temporarily bearish equities to Bitcoin to manage risk. Crypto trading company Kronos’s founder Mark Pimentel, said they used Bitcoin as a safe harbor against mainstream markets, and had made gains out of the price swings:

“The cryptocurrency market is swayed by news and attention, so as Bitcoin begins to rise in price again, more traders enter the market. It is much more likely for these entrants to buy Bitcoin than sell. So this predictably creates price appreciation.”


Follow on Twitter: @bitcoinnewscom

Telegram Alerts from

Want to advertise or get published on – View our Media Kit PDF here.

Image Courtesy: Pixabay

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


Read More Bitcoin News


Join our Newsletter


Latest on Bitcoin News

Video of the Week

Join our Newsletter