Elon Musk Sees Bitcoin Price Reaching $69,000

[Mpamaegbu]

Can we please stop caring about what Elon Musks says?

Well, that's not likely going to stop anytime soon considering the fact that Elon Musk is the current richest man on earth. Rich people command great followership. It was a similar trend we had with John McAfee, now deceased. Whether we like it or not, Elon is still influential in the scheme of things as a crypto investor.

I'm sure that if Elon Musk tweeted "gold will reach $100,000" gold wouldn't move by even 1%

This is hypothetical. We can't really say for sure until a situation arises that can prove otherwise in that sector. However, I'm cocksure that when whales buy or sell any product the market reacts to it either way – rise or fall. Any volatile asset will react to Elon's tweets on price. 1% is infinitesimal.

[1715527913]

1715527913

[1715527913]

1715527913

[Ultegra134]

Can we please stop caring about what Elon Musks says?

Well, that's not likely going to stop anytime soon considering the fact that Elon Musk is the current richest man on earth. Rich people command great followership. It was a similar trend we had with John McAfee, now deceased. Whether we like it or not, Elon is still influential in the scheme of things as a crypto investor.

I'm sure that if Elon Musk tweeted "gold will reach $100,000" gold wouldn't move by even 1%

This is hypothetical. We can't really say for sure until a situation arises that can prove otherwise in that sector. However, I'm cocksure that when whales buy or sell any product the market reacts to it either way – rise or fall. Any volatile asset will react to Elon's tweets on price. 1% is infinitesimal.

Not only is he the richest man in the world, but also a great influencer, he's a leader. No wonder why though, despite his wealth, he is one of the most successful and innovative people I've seen, while being persistent on what he does. Let's keep in mind how many failures SpaceX had before making a successful launch.

I'm not really bothered by his messing around on Twitter, Bitcoin isn't that affected by it anyway, it's not Dogecoin nor Shiba Inu.

[shield132]

Haha, it's so funny that Elon Musk, the person who crashed the whole crypto market now tweets post about it's rise and new ATHs. It's so funny and hilarious at the same time, this person is really mocking the whole crypto society.
That picture truly describes how he may spends the days watching bitcoin's and ethereum's prices. Just see, person sold bitcoins at 60K and had a chance to buy at dip (and probably bought at 30K). Now waiting and looking for more than 100% profits. Nice, people will forgive him and follow his memes again, after all he made dogecoin, one of the most unuseful coin to worth almost $1, what a shame.

[Mpamaegbu]

I'm not really bothered by his messing around on Twitter, Bitcoin isn't that affected by it anyway, it's not Dogecoin nor Shiba Inu.

Says who that Bitcoin isn't affected by Elon's tweets? Perhaps, we can say the effect has weaned with time recently as it's not that much this day like when he first started tweeting about it. Let Elon announce now that Tesla (his company) is going to sell off 80% of its Bitcoin hodling and watch how the market will dump.

[Yamifoud]

That he might be making another play again. I believe that he is still active and keeps watching cryptocurreny. Anyway, not to wonder as he owns Tesla Company and still holds BTC.
Well, it never finds it interesting to hear from him but can't deny that his post and his influence could drive some hype, many people were still following him and this could affect the market for sure. Should we have to expect a hype after this? That seems possible as his followers will make some buy after hearing those words.

[24Kt]

That he might be making another play again. I believe that he is still active and keeps watching cryptocurreny. Anyway, not to wonder as he owns Tesla Company and still holds BTC.
Well, it never finds it interesting to hear from him but can't deny that his post and his influence could drive some hype, many people were still following him and this could affect the market for sure. Should we have to expect a hype after this? That seems possible as his followers will make some buy after hearing those words.

We can't really deny the fact that he has influence in this market even if we say, he is not the expert in this field. Maybe, this is owed to his status, being one of the richest on this planet will give you certain power where people will tend to follow what you are doing, thus, even the simple tweet can have an impact in the market. You can't avoid this kind of marketing propaganda. Maybe just ride the hype just to take advantage of the market.

[Wawa2013]

Haha, it's so funny that Elon Musk, the person who crashed the whole crypto market now tweets post about it's rise and new ATHs. It's so funny and hilarious at the same time, this person is really mocking the whole crypto society.
That picture truly describes how he may spends the days watching bitcoin's and ethereum's prices. Just see, person sold bitcoins at 60K and had a chance to buy at dip (and probably bought at 30K). Now waiting and looking for more than 100% profits. Nice, people will forgive him and follow his memes again, after all he made dogecoin, one of the most unuseful coin to worth almost $1, what a shame.

That's why the crypto community hates him, Elon Musk will do anything for his personal gain. So no wonder Elon Musk would be trying to profit from
Bitcoin and Ethereum right now, I've been ignoring whatever Elon Musk is doing. Elon Musk is very popular, that's why he realizes that people
will be influenced by his tweets. Although I believe people are not influenced by Elon Musk as much as when Elon Musk created the hype meme coins.
Elon Musk has made huge profits from previous manipulations, so surely he will continue to do it over and over again as long as it still benefits him.

[Slow death]

Elon Musk certainly has a good analysis and it is proven that when he invests in bitcoin now he is the richest person in the world, if he says $69k and looking at the current price it is certainly very easy to achieve, especially since we got new ATH at $66900 2 days ago , although the market dropped again but I'm sure the price of $ 69 can be achieved in this October.

the problem most of the time is that when he makes a forecast, people immediately buy bitcoin compulsively and the price goes up, it seems that he predicts this scenario and keeps doing it on purpose so that this cycle keeps repeating itself, the consequences Is that in At a certain moment, the price starts to fall for lack of buyers in a certain price zone and once again he appears to make a forecast. it was not coincidence that he appeared when the price was about to drop below $29000, well the rich always get richer using their "smartness"

[Marvell1]

I'm not really bothered by his messing around on Twitter, Bitcoin isn't that affected by it anyway, it's not Dogecoin nor Shiba Inu.

Says who that Bitcoin isn't affected by Elon's tweets? Perhaps, we can say the effect has weaned with time recently as it's not that much this day like when he first started tweeting about it. Let Elon announce now that Tesla (his company) is going to sell off 80% of its Bitcoin hodling and watch how the market will dump.

Elon's influence is still on the market because Tesla is holding a lot of bitcoin. But the affect has been greatly reduced, many people have recognized the market manipulation in each of Elon's tweets. There will certainly be dumping if Tesla announces a sell-off of their bitcoins. But over time bitcoin will soon recover and soaring like how China has suppressed bitcoin and China's influence on bitcoin is now gone.

[leea-1334]

Well anyways, $69,000 will prolly gonna reach with or without him, based on the past charts and ofc, Q4 of each year, it's always recovery or new ATH.

Not probably, it will. Bitcoin did not break the ATH just to stop at 66900,,, for sure this was a huge amount of profit taking because this ATH rise was so slow and so certain, it made a lot of people prepared for the rise and we had a lot of people taking in 10%++ profit.

Elon Musk seriously we do not need him man.

[molsewid]

We're at it again!

Elon Musk is on the move again, and he'll most likely manipulate the market in the same way he did before. Elon Musk is back in the crypto world after the fud he created about bitcoin mining's energy consumption, which makes no logic and has been debunked by many experts. He understands the crypto market is still active, and many people are still interested in making money; he's a whale, and he'll most likely control the market through investing and, of course, shills.

Well anyways, $69,000 will prolly gonna reach with or without him, based on the past charts and ofc, Q4 of each year, it's always recovery or new ATH.

After he crashed crypto market he is now again interrupting the crypto market, this time a positive tweet but what might be his tweet next? Actually, whenever he tweets crypto community get already that this man were only trying to control the crypto market even we hate it the truth is somehow he has the potential to manipulate the market because Tesla has already a considerable amount of bitcoin in hold, he's a whale and his tweets has still impacts. But every one here are very optimistic that bitcoin price will definitely going to hit $69,000 even without Elon tweet.

[AicecreaME]

Even though the Bitcoin price is still 4.5% away from reaching the meme-worthy $69,000 level at the time of writing, this is not stopping Tesla CEO Elon Musk from tweeting about the raunchy number.
The eccentric entrepreneur posted a picture of a couple staring at the prices of Bitcoin and Ether from their bed, pushing the two largest coins slightly higher.



As reported by U.Today, Bitcoin peaked just above $67,000 before bulls lost some steam. It is currently changing hands just below $65,000.   
Notably, Musk missed the opportunity to mention the $69,420 price tag that could potentially break the internet, according to some crypto influencers.



The number 420 is now commonly associated with Tesla after its boss tweeted about taking the company private at $420 (and got sued by the U.S. Securities and Exchange Commission for doing that). April 20 has since been declared Elon Musk Day by Tesla’s cult-like community.
The number 69 also appears to hold some special significance for Musk based on his earlier tweets.



Last October, the price of the Tesla Model S was changed to (you guessed it) $69,420.
It’s safe to say that the cryptocurrency community can expect more cory 69/420 jokes from the centibillionaire.


Source: https://u.today/elon-musk-sees-bitcoin-price-reaching-69000?__cf_chl_captcha_tk__=pmd_O1zCanWVUx1kNjvXjM0eXcRpu3R_oIRm_56EpAUX3Ho-1634795210-0-gqNtZGzNAxCjcnBszQiR

Elon Musk is really an influential man. He can make the crowd go mad because of his opinion on twitter. No wonder the market has been moving because he has recently just spilled some tea that some of the holders and investors enjoy. I mentioned "some" because not everyone is fond of him and his predictions given his history about saying something negative about bitcoin before. And of course, there are still a lot of people that are doing a legitimate technical analysis than following someone's remarks on the future price position of any coin there is.

I can't really tell if this is bad or good because it can be both. I think you should still have the knowledge and skills needed so that you can know if it's still wise to invest and when to exit. Because most of the time, people get FOMO-ed and later they end up losing instead of gaining. You just have to be careful to avoid regret later on. After all, the final decision is still yours on whether to invest or not.

[tbct_mt2]

Elon Musk is a genius to hype the market with his tweets.

However, $69k is too low price for Bitcoin. It will have price above $100k from now to 2024. If you invest in Bitcoin with price under $20k, you can consider to take profit if you are fearful that Bitcoin won't be able to achieve price above $69k.

I recommend to take profit 80% of your Bitcoin if you are fearful like that, for 20% Bitcoin, you can wait for price above $100k. If Bitcoin fails to get it, you can use your money from 80% part to DCA in the future. Good enough.

[Samsungs10]

Is Elon a future reader now?

I like Elon's humor, bitcoin prices will continue to rise, new ATH will definitely be created in the next few weeks

I wonder if peter Schiff will buy bitcoin when it hits $69k or make another fud

I still very much doubt that he can read the future, because what I know is his ability to influence his followers and bitcoinners to want to do what is said so that indirectly what is said can happen.

so many think he is an expert in the field of crypto, of course not. but he's a master at marketing to be able to sell whatever he says to persuade his followers to do, which others probably won't have and he proves it.

It is clear that if there is ATH, it is certain that it will occur in October because the % increase is expected to reach 47%-50% and to make ATH certain it will happen. we just have to wait because the increase will still occur in December with the highest.

Peter Schiff, will be able to do anything according to what may be ordered by the money holder, because as a broker of course he only wants to make profit from those who have funds and he will not want to do anything with his personal funds. want to fud or want to buy, he only does it on orders, don't trust the broker too much.

[taufik123]

-snip-

besides that Elon Musk also has a smart brain, able to influence everyone even around the world. expert or non-expert in the crypto field, Elons Musk will still be influential, because in reality Elon is a trader as well as a scientist who has many of the latest innovations around space travel.
Every tweet written by Elon Musk will get a good response and give rise to Bitcoin, DOGEcoin or some of the coins in question.

[Raflesia]

-snip-

besides that Elon Musk also has a smart brain, able to influence everyone even around the world. expert or non-expert in the crypto field, Elons Musk will still be influential, because in reality Elon is a trader as well as a scientist who has many of the latest innovations around space travel.
Every tweet written by Elon Musk will get a good response and give rise to Bitcoin, DOGEcoin or some of the coins in question.

Elon Musk's influence is quite large even though some say they will never be affected again by Elon Musk but in fact behind every tweet there are always many who are interested in crypto materials and some even consider this a riddle code from Elon Musk for a coin to be pumped and already a few examples that are meant to experience a great increase at that time.

Well Elon Musk is a smart brain with a myriad of knowledge in it even he is able to create a variety of them with a lot of success meaning he already knows how to control crypto if he wants.

[Evgenklm]

I know that Elon Musk has earned more from speculating with bitcoin than from selling Tesla cars in a year, so he uses the element of his popularity in social networks in every possible way to raise the price.The sly one)

[worldofcoins]

Why only 69,000....? and not more?

I am positive that bitcoin will hit 100,000 + in 2 years but I wouldn't suggest anyone take it as financial advice.
We're seeing bitcoin always breaking the limit we've seen that with 300$, 600$, 900$, then there was 7,000$, then came 20,000.

The 20,000 one was the annoying one where many thought of Bitcoin as a bubble and News media "Oblivious what bitcoin is" Makes commentary on Bitcoin as if they're giving professional financial advice.
Also, people are listening to 16 yr old rather than reading books on "How bitcoin works"

[Kelvinid]

Why only 69,000....? and not more?

Elon just needs to be sure and $69k is really achievable, so he can never be wrong on his prediction.

I am positive that bitcoin will hit 100,000 + in 2 years but I wouldn't suggest anyone take it as financial advice.
We're seeing bitcoin always breaking the limit we've seen that with 300$, 600$, 900$, then there was 7,000$, then came 20,000.

The 20,000 one was the annoying one where many thought of Bitcoin as a bubble and News media "Oblivious what bitcoin is" Makes commentary on Bitcoin as if they're giving professional financial advice.
Also, people are listening to 16 yr old rather than reading books on "How bitcoin works"

$100k is not far from what we have today, even Elon will say that he can be also right. Well, everything is just a sort of prediction, not all of these things can be right unless we see it on the crystal ball but unfortunately, we see nothing.

I just to say that Elon Musk is special and he can really draw attention to the public. While using his influence on social media, the more he could able create hypes.

[bandungan]

Is Elon a future reader now?

I like Elon's humor, bitcoin prices will continue to rise, new ATH will definitely be created in the next few weeks

I wonder if peter Schiff will buy bitcoin when it hits $69k or make another fud

Elon Musk is like a sensation maker.  I don't know what Elon Musk means.  there is a possibility that Elon Musk's tweet can have a positive impact on bitcoin's rise, but there is also a bad impact that people will be eager to buy bitcoin without thinking about the risk. This must be observed in the future whether Elon Musk's tweet has an effect or is it just FUD