Apple To Buy Bitcoin Following Tesla's Move? Bitcoin Will Hit $50,000 Soon!

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Published Feb 9, 2021

Bitcoin made a parabolic move surging past $47,000 having it's largest daily green candle in history and could hit $50,000 in the coming days. Bitcoin pumped due to the news of Elon musk's Tesla investing $1.5 billion into it and has RBC Analysts saying Apple should take a position in Bitcoin and also build it's own crypto exchange and BTC wallet. Microstrategy CEO Michael Saylor went on CNBC today to discuss Tesla's investment in Bitcoin stating the following "Tesla $TSLA has de-risked the acquisition of bitcoin by public companies and accelerated the digital transformation of corporate balance sheets. Treasurers are now thinking about how to convert a non-performing asset into the best performing asset." Ex-OCC chief Brian Brooks calls Tesla’s Bitcoin buy a bit ‘Scary’ for the rest of world as it shows the debasement of the US dollar.

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Apple To Buy Bitcoin Following Tesla's Move? Bitcoin Will Hit $50,000 Soon!

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