It's hard not be blame Elon musk and China for the recent dip in bitcoin because each of them contribute to it's downtrend even though bitcoin chart form a triple top structure with three downward divergences on the four hour time frame indicating a heavy selling pressure. But honestly the news did more harm than anything else and that's what affected the market more than anything.

Everyone related to crytocurrency by now knows that bitcoin will no longer be accepted as a means of payment by Tesla. But the company did not announced that they will sell any of the bitcoins they purchased .It was even confirm by Elon musk himself that they did not sell any btc as of recent.

Nothing in this world offers riches overnight you have to work very hard to become successful in life.Many think that crytocurrency is their solution to becoming rich quickly but I don't see it that way at all maybe the bull run made people to think that way.Recently heard of somebody in my area that invested one million to buy bitcoin when the price was around sixty thousand thinking that it will soon reach hundred thousand and as a result of this dip he lost almost half of his money.People need to realize that nothing will make you super rich at one time  and be more careful when making investments.

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Well I don't quite believe with what he said that his company is trying to preserve the environment and as a result they will stop accepting Bitcoin because mining btc is not environmental friendly .There has to be some sort of market  manipulation but we have to patiently wait and see what will happen next and the real reason behind his recent actions.

Many people will disagree with what you said but this is the simple truth whether we like it or not.Bitcoin chart form a triple top structure with three divergences indicating that it has reached it's overbought level and will have to go for corrections.Then Elon musk news that tesla will stop accepting Bitcoin and China announcement which worsened the situation causing this dip in the cryto-market.

Many of us though that 2021 will be a far better year than 2020 but recently things do not look good at all.The stock market even went bearish unlike last year despite that the pandemic was much worse at that time . Bitcoin was bullish for almost half of last year and here we are now below fifty thousand.We can just be hopeful that things don't continue the way they started this year.

Day 13,14 and 15

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Agreed with all the points you listed.To me the best thing to do in order to gain respect is to always mind your own business and stop caring about what other people are doing. lastly don't beg for anything no matter how poor you are try and manage your resources to avoid humiliation from anyone.

I am very sure by now that many people into crytocurrency are very angry at Elon musk for causing the recent btc dump and some will never buy Tesla as a result of this. Electric cars are definitely the future whether we like it or not and I will definitely purchase one if I have the money.So no need to be that mad let's just take things easy and move with technology.

This shows how much influence Elon musk has on crytocurrency with just one tweet bitcoin lost almost fifty-percent of it's value.However I don't think we are into bear market just yet because as some are dumping others are buying the dip It will just take for prices to recover from the correction.

Elon musk is one of the world richest man and a very influencial person just look at what happened to Bitcoin after Tesla announced that they have will no longer be accepting Bitcoin.You can't deny his influence my only advice to people into crytocurrency is avoid this kind of hype after seeing what recently happened in the market.

Many people into crytocurrency will hate Elon musk for causing this bear market.Millions of dollars were liquidated in the market because of this and some people lost their funds especially traders that went long.The only way out of this is for people to stop panicking which will reduce the dump and stabilize the prices.

Definitely he has.He just send a tweet that his company will no longer accept bitcoin as a means of payment and here we are now market has been bearish for days.This has really frightened me how one person can have so much influence like that in the crytocurrency market which is not a safe at all.But it is still a good time to buy the dip before the bull run comes in again because this will soon be over hopefully.

Day 10,11 and 12

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Week 4: (10.05 - 16.05)

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Week 5 (10.05 - 16.05)

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Week 14 (10/05 - 16/05)

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Week 1: 10/05/21 - 16/05/21

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Twitter Campaign
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RETWEETS
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