Bitcoin and Altcoin Forecasts from 5 Billionaires: Did It Hold?

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

May 8′ On the same 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, urging Dogecoin holders to convert their profits to Bitcoin. DOGE has dropped 40% in the 24 hours since Silbert’s tweet and has yet to recover.

On October 22, Elon Musk saw a couple lying in bed and 69,000 He posted a meme showing him staring at a screen showing Bitcoin trading for $. The largest cryptocurrency hit this price level on November 10, ironically making it the 2021 peak. On this subject, you can take a look at the article we prepared as Kriptokoin.com .

In a viral tweet, one of the youngest crypto-rich FTX CEO’ Su Sam Bankman-Fried returned to critics in January who claimed Solana (SOL) was overvalued at $3.

• One of the best performing cryptocurrencies of the year, Solana 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.