Elon Musk received 1.5 B for Bitcoin advertising on Twitter

5 Apr 2021

Hi! What's up bro?

I carried out an analysis of Bitcoin futures on CME exchange. Showed the distribution by profile volume and candlestick volume and compared the volumes in the last three months. And suggested when a fall in prices would begin. Happy viewing!

The fall is likely to start in April, and it’ll last for 3 to 4 months. I’m waiting for the BTC bottom in July-August at $10,500-13,000.

And now as to figures. 1 contract on CME = 5 BTC.

How much is it in dollars?

41,000 futures with a cost of 55,000 to 60,000 were distributed. The average price by profile volume is 58,000. Multiplying 41,000 by 5 and then by 58,000. So, the capitalization of CME futures alone is almost $12 billion in April!

P.S. God damn! Supposing that Elon Musk was paid $1.5 billion for ad by advertising BTC, then only for April, the organizers gained X10 in billions of dollars. 🧠

5 Apr 2021

Catatan

I'm from Russia, my bro Putin!