The richest guy in the world, Elon Musk has once more discussed the most important cryptocurrency using total market capitalization.
The CEO of Tesla and the new owner of Twitter reaffirmed his belief that Bitcoin will succeed.
BTC will make it, but might be a long winter
— Elon Musk (@elonmusk) November 14, 2022
Although it may be a lengthy winter, Bitcoin will survive. That is what Elon Musk had to say about the most important cryptocurrency in light of the current situation.
Given that BTC was trading at its all-time high of $69K in November 2021, this was an answer to the question of where it will be in a year.
In the field of finance, the term “winter” is often used to refer to a protracted period of falling market prices.
It’s not shocking that Musk posted a new tweet. He participated in a Twitter conversation about the FTX fallout that had more than 60,000 followers.
At the time, he said:
“I think there probably is a future for Bitcoin, Ethereum, and DOGE. I can’t really speak to the others. But if you’ve got one of those three in a cold wallet and off an exchange, I think my guess is it works out well”
