That is to show you that the media have both positive and negative influence on the price of bitcoin. However, maybe because you are new to crypto. 12% fall just because of the Tesla tweet about bitcoin is not that big deal as you think. It will surely recover back
People who are affected by the negative news related to Bitcoin, may indeed be new to the world of crypto. For me, who has been in the crypto world
for more than 5 years, I think the negative news made by Tesla is not a big thing to worry about. After all, a 12% decline in prices in 7 days is still
normal and there's no need to panic. I am also optimistic that in the next few days Bitcoin will recover. So this is indeed the strategy that Elon Musk
did to make the Bitcoin price fall and Tesla could buy Bitcoin at a low price.
We don't know his real motives here. But yes, maybe, he is now secretly accumulating bitcoin again.
But in any case, bitcoin will not be destroyed just because of him.
Bitcoin survived for more than a decade, and Elon just joined crypto recently.
He may have influence in the market, but he is not the ultimate factor that can decide whether bitcoin will die or not.
Bitcoin will go up again in no time. Just don't panic as a lot of big companies are already involved in this market.