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- Elon Musk’s cryptic number sequence tweet from June 2021 has sparked speculation among the Bitcoin community, with some suggesting it may have been a prediction of future BTC prices.
- Bitcoin Archive, a user on platform X, posits that Musk accurately predicted three Bitcoin price points three years ago.
- However, it is more likely that any correlation between Musk’s sequence and actual BTC prices is purely coincidental.
Elon Musk’s cryptic number sequence tweet sparks speculation of Bitcoin price predictions, but is there any truth to these claims? We delve into the details.
Elon Musk predicting BTC price? Hardly so, but…
Back in June 2021, Elon Musk tweeted a number sequence that left many in the Bitcoin community scratching their heads. Some speculated that the Tesla CEO was predicting future BTC prices. Bitcoin Archive, a user on platform X, even claimed that Musk had accurately predicted three Bitcoin price points three years ago. This claim was based on a conversation in which Musk had participated, offering his cryptic number sequence in response to a comment.
Musk’s sequence coincided with some future BTC prices
Looking at the numbers Musk tweeted, some did indeed match BTC prices that occurred after his tweet. For instance, Bitcoin reached $61,000 in March 2021, $69,000 in November 2021, and dipped slightly below $20,000 in July 2022. In March 2024, Bitcoin soared to a historic peak close to $74,000, before falling back to around $65,000 in late April of the same year. However, it is important to note that correlation does not imply causation. While Musk is known for his business acumen, it is highly unlikely that he can accurately predict Bitcoin prices. Any apparent correlation is likely just a curious coincidence.
Conclusion
While it’s an intriguing theory, the idea that Elon Musk can predict Bitcoin prices based on a cryptic number sequence is likely just that – a theory. The world of cryptocurrency is unpredictable, and while Musk’s tweets have been known to influence the market, it’s unlikely that he has the ability to foresee specific price points. As always, investors should do their own research and not rely on speculation.
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