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Elon Musk Sees Bitcoin Price Reaching $69,000

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Thu, 21/10/2021 - 5:14
Elon Musk Sees Bitcoin Price Reaching $69,000
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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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.

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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.

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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.

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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.

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