Elon Musk's Laser Eyes: A Signal of Bitcoin Enthusiasm?

IconCryptoNewsTerminal Staff21 Jul, 2024

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Elon Musk's Laser Eyes: A Signal of Bitcoin Enthusiasm?

Elon Musk, CEO of Tesla, recently changed his profile picture on X to "laser eyes." This move has sparked speculation that he is signaling his support for Bitcoin. Laser eyes is a meme that has been used by Bitcoin enthusiasts to express their belief that the cryptocurrency is heading for a bull run. The meme originated in 2017, when Bitcoin's price began to rise rapidly. At the time, many people predicted that Bitcoin would reach $100,000 by the end of the year. While Bitcoin's price did not reach $100,000 in 2017, it has continued to rise in value since then. In 2020, Bitcoin's price surged to an all-time high of over $40,000. It is possible that Musk's laser eyes profile picture is a sign that he believes Bitcoin's bull run is about to resume. If Bitcoin's price does continue to rise, it could be a major boost for the cryptocurrency market.

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