The world’s richest man has as soon as once more shared his ideas on the first cryptocurrency by way of whole market capitalization.
Tesla’s CEO, in addition to Twitter’s new proprietor, reiterated his stance that Bitcoin will make it.
- Bitcoin will make it, nevertheless it could be a protracted winter. That’s what Elon Musk needed to say in regards to the main cryptocurrency within the context of what’s occurring proper now.
BTC will make it, however could be a protracted winter
— Elon Musk (@elonmusk) November 14, 2022
- This got here as a response to the query of the place BTC will likely be in one other 12 months, on condition that in November 2021, it was buying and selling at its all-time excessive of $69K.
- Winter is a well-liked reference within the finance world, describing a protracted time frame the place market costs are depreciating.
- The newest tweet by Musk isn’t any shock. As CryptoPotato reported just lately, he joined a dialogue on Twitter with greater than 60,000 listeners to speak in regards to the FTX fallout.
- Again then, he stated:
I feel there in all probability is a future for Bitcoin, Ethereum, and DOGE. I can’t actually communicate to the others. However for those who’ve obtained a kind of three in a chilly pockets and off an trade, I feel my guess is it really works out properly.
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