TRANSLATED TO ENGLISH, in a cryptocurrency report published this week, Bloomberg analysts said that bitcoin has the potential to reach $ 50,000 in 2021. “Bitcoin will continue its trend in 2021 and, in our opinion, there are macroeconomic and technical indicators that they add up to $ 50,000, which is about a dollar bill of market capitalization, ”they said. The analysts wrote that the maturity of the cryptocurrency market in 2020, as well as the greater participation of institutional players, are some of the indicators that support the trend reached. For example, Grayscale, the world's largest digital asset manager, has $ 10 million worth of bitcoins. The company announced the purchase of $ 240 million in BTC. Another reason for the increase, according to experts, is the way governments and banks have coped with the pandemic, with stimulus programs that reversed inflation and unconventional policies that shake the economy . This scenario, according to them, increases the demand for bitcoins and gold.
More mature growth
According to analysts, bitcoin's growth in the near future will also be firmer than what was seen in the period after the 2017 record race, compared to 1,800. and that, which decreases the supply and increases the demand.
Key year
In the report, analysts also wrote that 2020 is likely to be seen as a key to the evolution of bitcoin and the solidification of cryptocurrency prices. "Tickets for publicly traded regulated products, future openings and multi-million dollar divestitures solidify the 2020 annual price of around $ 10,000 as basic support."
