On Friday, 29th January 2021, the CEO of SpaceX added #bitcoin in his Twitter bio that caused bitcoin to jumped up 20%. The former investor of Paypal did nothing but just updated his bio and within 24 hours bitcoin jumped higher than the last 10 days.

Elon Musk also tweeted a tweet that is not exactly related to bitcoin but it seems like it was at the time he updated his bio. In the tweet, the Entrepreneur said “In retrospect, it was inevitable”.

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Will Bitcoin Go Up?

Popular digital currency bitcoin went up in the year 2020 and it is still going up as of today. After Elon Musk’s tweet, it was jumped up which is a good sign for all the investors of bitcoin.

According to the predictions, the digital currency will grow up as per last year but it’s too early to say anything about this.