According to Bloomberg news agency, crypto speculators are being superstitious with almost every number they see, especially with celebrities like Elon Musk. Recently, the founder of Tesla posted on Twitter with the intention of repeating the joke that April 20 (written as 4/20 in the US) is unofficially celebrated as Elon Musk day. The irony is that 69 days later is the billionaire’s birthday (June 28).
Bloomberg news agency reported that the story number 420 with 69 related to cryptocurrency speculation is considered silly and superstitious, but more and more people are choosing these numbers for their investment and business strategies. me.
Recently, CEO Sam Bankman Fried of crypto exchange FTX raised $420 million from 69 investors, including big names like Temasek and the Ontario Teachers’ Pension Board (OTPPB). In addition, many cryptocurrency players also weight these numbers, such as the $69,000 threshold of Bitcoin.
“Research” by expert Donnelly
Some investors such as Brent Donnelly, a former trader at Spectra Markets, told Bloomberg news agency that speculators can use these “superstitious” numbers in their strategies. Looking at Gemini’s transaction data, expert Donnelly said that the top and bottom of the Bitcoin price often have the numbers 50 or 00 falling in the units.
Bloomberg news agency believes that the above “superstitious” numbers are just for fun, but they gradually changed when Elon Musk’s tweets made many people believe and include in his investment strategy.