Tesla CEO Elon Musk draws attention with his speeches and shares about cryptocurrencies. Many investors are looking at Musk’s past posts alongside his current posts. Finally, the tweet shared by Tesla CEO on July 14, 2021 became the agenda. With the spread of Musk’s tweet almost a year ago, a discussion started on Crypto Twitter. Accordingly, Crypto Twitter is speculating that the Tesla CEO knows the Bitcoin price is coming. We shared the details for you.
Does Elon Musk know what the price of Bitcoin will be?
Tesla CEO Elon Musk stands out especially with his love for Dogecoin (DOGE). However, the famous entrepreneur often comes to the fore with his posts about other cryptocurrencies. Bitcoin is one of these cryptocurrencies. Bitcoin (BTC), currently the leading crypto of the market, is often criticized by Elon Musk. Chief among these criticisms is that BTC is not an environmentally efficient Blockchain. Exactly 11 months ago today, Musk shared a mysterious number on his Twitter account. The share of the famous CEO was as follows:
When Musk shared this, the Bitcoin price was around 32 thousand dollars. After that, the BTC price rose and reached $ 68 thousand in November of 2021. The crypto community saw the top 3 targets given by the CEO, 48, 61 and 68, as BTC price predictions. In fact, there was some truth in this, because BTC saw the first numbers in the post after the Tesla CEO shared it. At the time the tweet was shared, Bitcoin price action looked like this:
BTC price July 14, 2021 Will BTC go to these levels?
If Elon Musk wrote that the Bitcoin price will come in his share, the number 74 is next. As Kriptokoin.com , BTC has already seen 61 thousand and 20 thousand numbers. Accordingly, the downtrend of BTC ended after $ 20 thousand, and the leading cryptocurrency will not see below this level.
According to Elon Musk’s share, the 5th number is 74. Accordingly, BTC could climb to $74k. In fact, many crypto analysts, contrary to Musk’s share, predicted that the Bitcoin price would not fall below $ 20 thousand. However, BTC misled analysts and saw $20,000. This led investors looking for hope in the bear market to think that Musk was hinting at Bitcoin in his post. If this is true, the next price target for the leading cryptocurrency is $74K.
Bitcoin price June 14, 2022 Elon Musk denied the allegations
Tesla CEO on Crypto Twitter While speculation about his tweet continued, Musk clarified the issue. Elon Musk said that his share on July 14, 2021 was for a friend. Accordingly, the famous entrepreneur was talking to a friend in his tweet. He also replied with a language of numbers with the person he was talking to. No one knows whether this is true or not. But it can be seen as investors suffering in a bear market wanting to hold on to any shred of hope they find.
