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First Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally Breaks

First Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally Breaks – CoinDesk

Bitcoin has traded in an ever-tightening range for two months, and digital-market analysts say a new wave of coronavirus cases and emergency measures could provoke the largest cryptocurrency by market cap out of the doldrums. The backdrop is an anemic economy, with the International Monetary Fund projecting last week that global output will shrink 4.9% this year: worse than its April forecast for 3% contraction.







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