Buy a Tesla CyberTruck with Just One Bitcoin?
Bitcoin and Tesla are two of my favorite things. How are they related? Read on…
Look at these Bitcoin prices! Wow… it’s really taken off in the last two months. Actually, Bitcoin prices have already gone up over 10x since the lows of the bear market.
Over two years ago, in December of 2018, I predicted that the next Bitcoin bull market will start in late 2020 (which it did), and that the price would top out at $333,000 by the end of this year, 2021.
If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.— Bobby Lee - Ballet: World's EASIEST crypto wallet! (@bobbyclee) December 7, 2018
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂 https://t.co/M8ljIVnt73
This is just the natural cycle of Bitcoin prices, guided by its block reward halving every four years. That’s a much more complicated topic, which I’ll address on another day.
Last summer in June of 2020, I predicted that by the time Tesla launches its CyberTruck, people would be able to buy it with just one bitcoin. At the time, bitcoin was trading at just around $10,000, and with the CyberTruck launching in late 2021, the price of bitcoin needed to increase ~300% within 18 months in order to reach the $39,900 starting price of the Tesla CyberTruck. With this bold prediction, I offered to give away a free Tesla CyberTruck to one of my followers on Twitter:
Hey @elonmusk I’m looking forward to the #CyberTruck next year! By then, I predict you can buy it with just one #Bitcoin.— Bobby Lee - Ballet: World's EASIEST crypto wallet! (@bobbyclee) June 2, 2020
If $BTC price exceeds $39,900 by late 2021, I’ll GIVE AWAY a FREE @Tesla CyberTruck to one lucky person who Likes & Retweets this.
Yes, I’m serious. #Retweet pic.twitter.com/RcMpcqSPdV
And barely seven months later, Bitcoin is already on the verge of hitting this important $39,900 price target! (Today the price just crossed $37,000.)
I’m very excited to see the Bitcoin bull market in full swing. It’s going to be a heck of a ride. I’m also excited for the launch of the CyberTruck next year. I already have mine on order, andI also have a reservation in place for the CyberTruck that I will give away to one of my Twitter followers. Yes, I’m confident Bitcoin price will exceed $39,900 by the end of 2021, and it looks like it’ll happen a lot sooner than that.
In the meantime, follow me on Twitter, retweet my post, and stay tuned for the full terms and conditions of the giveaway, which I’ll publish once the $39,900 price target is reached.