The Breakdown

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

On this edition of the weekly recap, NLW looks at the consolidating narrative of a bitcoin rally that is: Being driven by institutional investors Shifting the center of the industry from East Asia to North America  Winn...

2020-12-06

Episode notes

On this edition of the weekly recap, NLW looks at the consolidating narrative of a bitcoin rally that is:

  • Being driven by institutional investors
  • Shifting the center of the industry from East Asia to North America 
  • Winning converts from major research houses and institutions 
  • Driving the price of bitcoin to new all-time highs