Former NSA and CIA spy Edward Snowden shared the levels that he will continue to buy Bitcoin after his previous accurate predictions.
Accurate Bitcoin predictor reveals new levels it has been waiting for
Edward Snowden, a former spy, announced in March 2020 that he would be stepping out of the market as he expected a crash in the coming years. After this accurate claim, he has been updating his followers with his analyzes since then. In one of his most recent tweets, he stated, “I’m starting to hear it wants to scale again for the first time in a while.” “We still have a lot of challenges ahead,” the crypto phenomenon says. Bitcoin price soared following Snowden’s November 14 tweet. Currently, it is recovering around 2%, accompanied by PPI information.
Snowden also updated his analysis following a four-day FUD surrounding the bankruptcy of FTX and Alameda.
Edward Snowden’s latest Bitcoin price prediction
Snowden added a price chart to his tweet, reminding him of similar predictions he made when approaching the bottom of the bear market. He tweeted in March 2020 that the price of Bitcoin fell in a notorious crash to $3,782:
For the first time in a long time, I feel like buying Bitcoin. This fall was too much of a panic and offered little reason.
Snowden was right in his assumptions. After the tweet, Bitcoin reached $65,000 in May 2021 after drawing liquidity. It subsequently hit an all-time high of $69,000 in November 2021. The analyst now says that the worst times of the crypto winter are behind us. He thinks it’s a good time to buy, apart from “maybe a little sideways and consolidation”.
Snowden said in his next tweet that it was “not investment advice and has no idea what he’s doing.” However, Snowden has been following cryptocurrencies for a long time. He even attended the 2016 ceremony of the shutdown coin Zcash.
Edward Snowden shared the following tweets this week
- ‘They said I was wrong’ (in response to Sam Bankman-Fried’s rants and deleted tweets)
- ‘Central exchanges were a mistake’ (shortly after FTX’s bankruptcy was revealed and rumors of Crypto.com spread)
- ‘Regulators’ remained silent in the face of thieves who just robbed 5 million people, while the White House found fault and arrested and punished those who developed tacit tools to protect you. What’s the difference? The thieves were big political donors.’ (Referring to Tornado Cash and Gary Gensler)
Edward Snowden and Elon Musk remain optimistic despite FTX collapse
Snowden isn’t the only Bitcoin proponent to speak of his optimism. Tesla and SpaceX CEO Elon Musk also expressed his belief in Bitcoin. “BTC will make it, but it could be a long winter,” he commented on Twitter to the pessimists. While the billionaire’s involvement with Bitcoin has been turbulent, his view of the technology has not changed in light of the FTX scandal.