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$50K BTC in 2021? Bloomberg Analysts Join the 'Traditional Onslaught' Driving Bitcoin's Rally

A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset.

Updated Sep 14, 2021, 10:38 a.m. Published Dec 5, 2020, 2:00 p.m.
Breakdown 12.5 $50k BTC Bloomberg