Elon has also been pretty vocal that he thinks we're headed into a dangerous recession. I think the yield curve would tend to agree with him. Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates. We've seen this all play out before. I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right. Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.
Yep, just like he didn't realize that BTC very much follows the stock markets. I think he is confused it with gold as that's the one that has negative correlation against stock market. But then again he talks what ever his fanbois want to hear so that he can enjoy the spotlight so he could be just out right lying.
Topic: Elon Musk says the price of BTC will rise - page 5. (Read 2085 times)
A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks
The cold winter is about to pass, and BTC is about to halve, so the bull market should be coming soon. I think a large part of Elon Musk’s acquisition of Twitter is due to the investment demand for encryption. After all, the media can affect the currency price. chess. A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks
Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know. I know he holds some Bitcoin, which is why he showed some concern about it unlike before were he just focus on Dogecoin.
The price of Bitcoin is sure to rise again, but it will have to wait. People don't know the exact time when the bull trend will come. Bitcoin does not depend on anyone's words or ideas, and the encrypted market will follow the law to develop. We just have to have enough time and patience to wait for the market to return and enjoy the profits.
Bitcoin price will definitely rise, because the price will not remain low forever which investors knew, that is why potential investors are using this season to buy a huge amount of bitcoins and hold for that special day to come before they can sell to make a good incomes. Elon musk is not the founder of Bitcoin and he cannot control the price of Bitcoin to pump or dump, because he don't have the authority over decentralized currency. I think, the price of Bitcoin will return back to $40,000 soon, because the price has increased to $17,000 showed that the price will soon pump higher for both long and short term traders to achieve a good profits from their investments.
Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know.
He has wealth but he is not capable enough to move the market in opposite direction or wherever he wants. This will obviously tell us that the market can be influenced but it can't be dictated where it goes. I know that Elon Musk is right about saying the market turn high someday but never I think he will know when. He can just predict based on his observation but yeah, that is all he can do. I know he holds some Bitcoin, which is why he showed some concern about it unlike before were he just focus on Dogecoin.
However, at the end of the day we are not seeing this growing to a worse place, he is not gaining more and more traction I believe, which means that eventually his tweets won't be this much of a big deal, but I am also guessing that it's still there if he wanted to use it.
A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks
Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know. I know he holds some Bitcoin, which is why he showed some concern about it unlike before were he just focus on Dogecoin.
A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks
Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know. Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.
Musk acquired Twitter and is also undergoing drastic reforms. Now Twitter is more integrated into the encrypted world. At the same time, Twitter accepts digital currency payments. Send it over to consider this issue. First, Musk is the richest man in the world, and every word he says may become a weather vane for the global encryption world. Second, Musk also holds a large number of digital currencies, including Bitcoin. Many times I suspect that he is selling it at a high price and turning it into cash. Possibly for SPACE X. I support Twitter's decentralization reform, but don't like it being the biggest lie medium. Quote
BTC will succeed, but it may be a long winter.
Elon Musk means that Bitcoin will survive the bear market, but he did not say that the price of Bitcoin will definitely rise again, nor does he know the exact time when the bull market will come. The encryption market cannot trust anyone, don't be too influenced by Elon Musk, conduct your own research and make correct judgments.
Elon has also been pretty vocal that he thinks we're headed into a dangerous recession. I think the yield curve would tend to agree with him. Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates. We've seen this all play out before. I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right. Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.
Yep, just like he didn't realize that BTC very much follows the stock markets. I think he is confused it with gold as that's the one that has negative correlation against stock market. But then again he talks what ever his fanbois want to hear so that he can enjoy the spotlight so he could be just out right lying.
Elon has also been pretty vocal that he thinks we're headed into a dangerous recession. I think the yield curve would tend to agree with him. Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates. We've seen this all play out before. I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right. Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.
The FED will ultimately destroy the American economy if it keeps raising interest rates. Other countries will follow suit because they depend on the US Dollar as the reserve currency. Not only a deep recession affects the workforce, but also risk assets like stocks and crypto. I believe prices will continue to go downhill until central banks stop raising interest rates for some time. While I'm confident BTC's price will rise again, it's going to take a long time before we're able to see a positive return on our investments anytime soon.
We should take this opportunity to buy more BTC at a cheap price before everything goes back up again. Who knows if making the right move today would lead you towards massive profits in the future? Just my opinion
Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.
I think bitcoin will definitely go up again but we won't know when it will go up. and i think even though elon musk, didn't say on tweeter . I think bitcoin will definitely go up because we have been in a bear market for so long. so just be patient. and our need to remember that after the bear seasons, there will definitely be a bull season, right, that's the bitcoin cycle. so take it easy, as long as we invest in bitcoin.
Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.
He spreads manipulative statements about cryptocurrencies mostly for his own benefit. We do not know when the winter will end, when the cryptocurrency will increase again, and there is no estimated time of arrival.
I hope the price of bitcoin will go up, all that is needed now is to accumulate more bitcoins and wait patiently for the price of bitcoin to reach the desired price.
Without elon saying bitcoin rise I'm also sure that bitcoin will rise again, since I got to know bitcoin a few years ago it often experiences drop conditions like now, and when the market rises everything is fun, always optimistic about market conditions because I'm sure in 2023 the price can pass ATH in 2021.
Indeed. We know that Bitcoin has 2 market trends, bearish and bullish. Even if Elon Musk didn't state BTC to rise, most crypto investors understand that Bitcoin will rise again. There should be an end of this bearish season, probably it is when BTC halving begins. You must know the next BTC halving to happen in 2024, so I am not sure there will be a new ATH in 2023. The possible time of a big rising of BTC ideally happens in 2024-2025. It is what I know from my own analysis.Yes, even if Elon Musk will not state that, bitcoin will always recover and rise again to repeat or exceed its last ATH. Not sure when but we just need to be patient to wait for it to happen rather than always asking when will this bearish trend will end because fact is, nobody can answer when will it end and the bull season will commence. At least now, we have a timetable because of the upcoming halving so before or after, we will see a spike. Just hodl for now.
Quote
BTC will succeed, but it may be a long winter.
Elon Musk means that Bitcoin will survive the bear market, but he did not say that the price of Bitcoin will definitely rise again, nor does he know the exact time when the bull market will come. The encryption market cannot trust anyone, don't be too influenced by Elon Musk, conduct your own research and make correct judgments.
Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.
A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks
Elon has also been pretty vocal that he thinks we're headed into a dangerous recession. I think the yield curve would tend to agree with him. Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates. We've seen this all play out before. I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right. Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.
Without elon saying bitcoin rise I'm also sure that bitcoin will rise again, since I got to know bitcoin a few years ago it often experiences drop conditions like now, and when the market rises everything is fun, always optimistic about market conditions because I'm sure in 2023 the price can pass ATH in 2021.
Indeed. We know that Bitcoin has 2 market trends, bearish and bullish. Even if Elon Musk didn't state BTC to rise, most crypto investors understand that Bitcoin will rise again. There should be an end of this bearish season, probably it is when BTC halving begins. You must know the next BTC halving to happen in 2024, so I am not sure there will be a new ATH in 2023. The possible time of a big rising of BTC ideally happens in 2024-2025. It is what I know from my own analysis.
Anyone can say that it is that he's Elon Musk and his words are taken seriously by many. But no matter what he says, at the end of the day bitcoin will eventually rise.
It's deflationary and set to have high demand just look at where it was last year and that has shown that the potential is limitless and the price could go as high as it can.
No matter what the challenges are, bitcoin has been there and in the toughest situation like many didn't believed on it before but in the end, it's still bitcoin shown how great the potential that it has got.
There is difference between a common man saying bitcoin will increase in price and Elon Musk saying the same. Elon Musk being the richest his words have got power to drive the market to some level.It's deflationary and set to have high demand just look at where it was last year and that has shown that the potential is limitless and the price could go as high as it can.
No matter what the challenges are, bitcoin has been there and in the toughest situation like many didn't believed on it before but in the end, it's still bitcoin shown how great the potential that it has got.
As mentioned the innovation is designed in a good way working on the demand supply mechanism. This is an important thing with bitcoin's backing technology. By the time people should also have the better understanding about the technology than just relying it as a quick rich scheme.
Bitcoin will rise and increase in its price no matter what the conditions are. Like you've described about the system and technology that it has got, it's bound as a deflationary asset and will go up based on the criteria and demand that it's meeting.
This has made the soul purpose of BTC being a decentralized cryptocurrency a joke.. it's price movements totally depend on one person's word or thought...
it's not a joke and you might be a bit misunderstood about it allif you understand the history of bitcoin price it doesn't depend on other people's words or thoughts. but the price of bitcoin is increasing very much because every 4 years BTC has a halving and it is a real effect.
see some people talk about bitcoin dead but actually bitcoin actually gives a very high value until now.
and let's see how many times Elon musk has tried to tweet about bitcoin and the results are the same, there has been no movement whatsoever regarding the price of bitcoin.
so I don't think bitcoin will be affected by anything, even if it's Elon Musk
Jump to: