Bitcoin | CoinDesk

$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.

Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now.

By Daniel CawreyDec 4, 2020

Psychology and selling pressures have kept bitcoin's price below $20,000.

By Muyao ShenDec 4, 2020

OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk.

"Bitcoin's macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance," according to Bloomberg.

By Omkar GodboleDec 4, 2020

Bitcoin’s price is in a tight range Thursday while some investors are moving into ether.

By Daniel CawreyDec 3, 2020

As prices consolidate below $20K, traders cue off macroeconomic factors - like Biden remark that $908B stimulus would be "down payment."

Bitcoin has found adoption this year as digital gold. The other promises of cryptocurrency have yet to find fruition, says our columnist.

By Jill CarlsonDec 3, 2020

A continued decline in the U.S. dollar and rising inflation expectations support bitcoin's long-term bullish case as a hedge asset.

By Omkar GodboleDec 3, 2020

Swiss-based Valour says its bitcoin ETP is the first with no management fees.

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