Some billionaires have made predictive predictions about the Bitcoin and altcoin market in 2021. Let’s take a look at the tweets, how many of the predictions of billionaires such as Elon Musk, Sam Bankman-Fried and Michael Saylor came true.
Bitcoin and altcoin predictions from billionaires
On May 8, the day that Elon Musk attended “Saturday Night Live”, Barry Silbert, CEO of crypto-supporter Digital Currency Group, took to Twitter to announce that he was shorting the meme cryptocurrency, prompting Dogecoin holders to turn their profits into Bitcoin. called to translate. DOGE has dropped 40% in the 24 hours since Silbert’s tweet and has yet to recover.
On October 22, Elon Musk posted a meme showing a couple lying in bed and staring at a screen displaying Bitcoin trading at $69,000. The largest cryptocurrency hit this price level on November 10, ironically making it the 2021 peak. On this subject, cryptocoin.com You can take a look at the article we prepared.
In a viral tweet, Sam Bankman-Fried, CEO of FTX, one of the youngest crypto-rich, went back to critics who claimed in January that Solana (SOL) was overvalued at $3.
- Solana, one of the best performing cryptocurrencies of the year, has increased by a staggering 5,733% since this call.
In February, Galaxy Digital CEO Mike Novogratz correctly predicted that the first Bitcoin exchange-traded fund will launch in the US this year. While US regulators have managed to approve a futures-only Bitcoin ETF, the industry is raising its voice for the spot version. Novogratz also correctly predicted a Bitcoin rally in the fourth quarter.
MicroStrategy CEO Michael Saylor came to the fore when he downplayed the seriousness of China’s Bitcoin ban and claimed that it would actually benefit Bitcoin (BTC). The US has now emerged as the world’s largest mining hub and put an end to the “Chinese FUD” turmoil. Earlier this month, the Bitcoin network also became stronger than ever as the hash rate soared to new record highs.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.