Bloomberg Analysts: Bitcoin at $50K as Total Crypto Market Cap to Grow to $1 Trillion in 2021
Bitcoin will double-down on its bullish performance next year and could top $50,000, said Bloomberg analysts. They justified the optimistic price prediction by the growing adoption and institutional interest, which have led to a much “firmer” foundation than the 2017 rally. The primary cryptocurrency has been on a roll during most of 2020.
