Bloomberg Intelligence Research Report: $50,000 is a good 2021 Bitcoin resistance

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  • Bitcoin’s new range for 2021 is $10,000 to $50,000
  • Bitcoins foundation may be much firmer than 2017
  • Bitcoin regulated-exchange demand remains strong
  • Demand measures of Bitcoin and crypto assets appear to be gaining momentum
  • Volatility indicates Bitcoin is on track to $1 Trillion market capitalization

[source]

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