Who is laughing at the news of authorities wanting to go after Elon Musk for trading standards after he purchased over USD$2-billion in Bitcoin to help book balancing at Tesla?
Well if they are going to go after Elon then there are some more big fish about to jump into huge purchases of Bitcoin - one is a huge tech giant - then they are going to go after the others...
Cracking down on the likes of Elon isn't going to happen, look at it this way, JP Morgan stumping up hundreds of millions of dollars to purchase Bitcoin, basically started the 2021 Whale Race. And now news of tech giant Twitter announcing that they also intend to drop at least a figure matching that of Elon Musk at Bitcoin - I think enough said about the warm up event...
Prepare for another run for the moon at the Bitcoin trading desk, in a matter of days there will be a huge leap in price, and a huge backlog in those demanding from the mines - however for investors this is great news... For newbie investors, possibly another opportunity to grab a profit while Bitcoin is borderline still affordable.
Twitter announcing their intention to buy into Bitcoin (it will be Ethereum also you can bet ya), will start an influx of huge Bitcoin purchases from Big Tech and other institutions such as Insurance, Financial, Retail and Data to name a few.
Keep your ears to the ground and your eyes open... The coming weeks through February into mid-March may be time to take time to take stock of your hodling strategy - don't forget this is going to be great for many Alts as we have seen with Ethereum, Basic Attention Token, Litecoin and even Ripple recovering.
Interesting times are ahead - good luck.
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