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.This episode is sponsored by Crypto.com, Nexo.io and this week's special product launch, Allnodes.On this edition of the weekly recap, NLW looks at the consolidating narrative of a bitcoin rally that is:Being driven by institutional investorsShifting the center of the industry from East Asia to North America Winning converts from major research houses and institutions Driving the price of bitcoin to new all-time highsThis week on The Breakdown:Monday | Bitcoin Hits a New All-Time High: What Happens Next?Tuesday | Why a $631B Asset Manager Just Changed Its Mind on BitcoinWednesday | Josh Brown on Bitcoin’s ‘Respectability Rally’ and Why We’ll See Dow 100,000 in Our LifetimeThursday | Why Stablecoins Are the First Battleground of the Coming Crypto Regulation WarsFriday | A ‘Santa Claus Rally’ for the Stock Market?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.