A brand new crypto outlook from Bloomberg suggests BTC might attain $50,000 in 2021, topping off a month of main institutional momentum for the asset.
On this version of the weekly recap, NLW appears on the consolidating narrative of a bitcoin rally that’s:
- Being pushed by institutional buyers
- Shifting the middle of the trade from East Asia to North America
- Successful converts from main analysis homes and establishments
- Driving the value of bitcoin to new all-time highs