Such is the power of influence that Elon Musk is having in his fingertips, literally and figuratively. So do you think that this scenario can be possible - the coming in of more corporate buyers into Bitcoin?
The @elonmusk phenomenon for me is the same as other analysts, it could be misinterpreted, what distinguishes @elonmusk is a real businessman. it is clear what is done can determine because he made a purchase with a clear purpose that allows sure to be profitable.
It's really possible more popular institutions soon will invest in to bitcoin. A saw an article yesterday about a rumor on Apple investing in bitcoin and Oracle who is known as a multinational computer technology corporation also diving it bitcoin craze. This will drive bitcoin's price to a greater level and maybe $60k is possible this year or even sooner. His influence really brings a lot of impact to these famous institutions. The stereotype of bitcoin as a scam will slowly disappear because of him.
as long as it is profitable, not only institutions but big traders will also participate in enlivening it, who does not want to receive the benefits of @elonmusk effect.
In fact, bitcoin last year was clearly influenced by outside because it should have seen this year's halving be an increase in bitcoin. so plus it has increased last year, bitcoin will easily reach renewable ATH again which may be even more phenomenal. we are waiting for it because there is still a long way to go for those who have not prepared there is still time.
