$400,000 Bitcoin in 2021? The Best of Bloomberg's Latest Bullish Bitcoin Report

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Coinbase’s monster Q1 numbers</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">150 million evaporate from the global middle class</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Jamie Dimon’s shareholder letter comments on crypto</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: Bloomberg’s latest crypto outlook is out. In this episode, NLW looks at seven aspects of the report:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Bitcoin as digital reserve asset in a low-yield world</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Price support at $50,000</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Price possibilities of $400,000 in 2021</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Gold replacement happening more quickly than anticipated</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Growth in publicly traded companies with crypto exposure </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Exchange outflows</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The supremacy of USD digital currencies</span></li> </ul> <div data-pm-slice="1 1 []" data-en-clipboard="true">--</div> <div>Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io</div> <div>--</div> <div>Enjoying this content?</div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</div> <div>Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ</div> <div>Google: https://podcasts.goo