The new Finder.com report suggests that the bitcoin price will increase to $ 6,700 by January 2019

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The new Finder.com report suggests that the bitcoin price will increase to $ 6,700 by January 2019

Although the crypto market has suffered heavy blood loss, a recent study published by Finder.com seems to suggest that Bitcoin (along with many other top-10 altcoins) will make an impressive upturn at the start of the new year .

According to the above prediction, a total of 10 cryptographic experts from around the world believe that by early January (next year), Bitcoin will increase beyond the $ 6,500 "profitability threshold mining ". However, for this monumental change, BTC will have to increase by over $ 3,000 in a span of just three weeks.

More information on the study

While the study remains extremely bullish on the future of Bitcoin, it also points to some of the other top-10 altcoins such as Cardano (ADA) and Stellar (XLM), who are ready to have a breakout year in 2019. The study indicates that both ADA that XLM will increase more than 100% in the next 30 days.

In this regard, it is worth noting that XLM remained fairly stable during the November market crash. However, ADA has recently been kicked out of the top-10 crypt by the new fork of BCH "Bitcoin SV". Despite these limitations, the team on Finder.com believes that XLM and ADA will start the new year at $ 0.28 and $ 0.06 respectively.

Good things could be in Store For Ethereum in the coming year

Another prediction made by Finder that it is rather surprising is that at the start of 2019, ETH could once again claim its position as "the greatest altcoin from the total market capitalization". This is because the study indicates that by the end of the first quarter of 2019, Ether could earn up to 35% in value.

In mathematical terms, this basically means that ETH will now have to move from its current value of $ 105 to about $ 141 within the next 1-2 months. .

Final take

By closing this article, it is worth mentioning that the study also believes that TRX could lose more than its value since other projects such as TRON (TRX) and Litecoin (LTC) have continued to make incredible technological progress over the last few months.

It remains to be seen how what the new year has in store for the altcoin sector.

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