Elon musk changed the market circles

[chennappa121]

I am sure that Elon Musk was behind crypto currency from long time that will help now because the Elon Musk was a world richest man so comfortable people are following him now and further also and I hope the crypto market will be going to rock in coming days.

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[BITCOIN4X]

Tesla's recent investment in bitcoin will be a trigger that the market will remain in a bullish state or at least become more stable despite the correction. Other investor will be affected by what Tesla is doing at this time. I don't expect the bullish this time to be a bubble that will burst any time. Whatever you think about the general state of the bitcoin or cryptocurrency market then rest assured there is always a risk. You have to be a person who is always careful with everything that involves money. Trading and investing are ways to make a profit, but it will also cost you money.

[$crypto$]

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

Elon Musk, not Elon Mask.

In bull market of crypto, you will see more news and more lightning news from some big guys. They can come from the cryptocurrency area or from no where. I remember that John McAfee made many tweets years ago and shilled their shit altcoins. They were pumped after tweets from McAfee and there were a time when people followed McAfee's twitter account and waited for his tweets.

Elon Musk did not change the crypto market and his tweet, Tesla investment, Telsa future plan to accept bitcoin as payment method to buy their products have temporary boost on the market.

Bear market is not going to be on Elon Musk we know that he has turned the market into a bullrun in a few weeks because of his tweets, I also see some important people on twitter have responded a lot to Elon Musk's tweets so the market has now gone through a big change with their beliefs as well as their intuitional company is now more adaptable than just hearing other news, so I think this can also be a reference where we should look ahead with a little correction.

The point is that in the cryptocurrency market it can happen, like 2018, it will be even stronger. Other investors don't listen to bad news, sometimes here our mentalists are not strong enough to hold the market more secure.

[akirasendo17]

Elon changes everything, he changes how people look at crypto, I think people are ready to embrace cryptocurrency if one person like Elon shows up, people are hesitant in the past years because billionaires like gates and warren say bad things about it, as people will believe them because of their popularity, and now a billionaire says and will accept crypto, this has now boost crypto-economy to a new level, also its the perfect timing for crypto, since we are still in the pandemic.

[Mahanton]

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

Impossible!

A market would really be composed of pump and dump.We cant just see for a market to rise up like forever even though Musk had joined the game
doesn't mean that it will be guaranteeing assured profits.

Just cherish while it last because these people didn't dive into this market for nothing.Always think that there would be always a
profit taking scenario.We just don't know on when it would happen.

[gurunanakji777]

Why we always think negative. Correction is the part of the market if Some other big influencer jumps into the bitcoin market then what will you say. Don't you think the market will boom more? I am optimistic Even we can expect more bull market ahead. Before entering Elon into this market there was no sign of a bear market though.

[virasisog]

Not just that.
It helped boost the Bitcoin market but it ain't because of him that the market plunged.

I think the people are seeing the importance of cryptocurrencies now.
It is the future, no doubt about it. Even Musk risked his profits for it.

It somehow delayed the market crash that happens just be Chinese New Year, BTC price is now crumbling down slowly and we are still a day before CNY. A lot of people jumped in and even BTC reached its new High when Tesla entered the market. It's difficult to speculate what may happen after the CNY. Tesla has a good influence among people since everyone follows his tweets, let's how will this affect the expected crash on CNY.

[cryptoaddictchie]

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

Why there are so many request of bear is it because of the price of the coins and tokens? Before when the bear market is so long we say when bull market to come? There are phases and stages for this. Somehow I find it hard to know when will be the next bear as more institutional company and even known personality such as Elon Musk invested on it. It will be quite a long bull run I guess. So better to take advantage of the season and be prepared again when the bear arrives.

[Reid]

That's just a part of it.
Bitcoin volatility will still hit anytime. So, it's difficult to say that a correction won't happen.
There's a probability that Musk bought his Bitcoin at the wrong mark and could've bought at a lower price.
But, there is also a chance it may never fall again.

All of this is a risk and I think he knows what he is doing. I hope so.

[shoreno]

ups and downs are still here in the market but since elon musk came we experience more greens in this market but we should be happy with that because lets admit we wanted to earn a profit .

elon musk changed the market for good for all of us not just for his own satisfaction but if ever theres a big bear that will come lets not put the blame on the guy easily but lets investigate first if who did that and for you you need to not hold for too long if you are afraid of the big bear but just stick on your small limits

[aioc]

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

Elon is not going to be our savior, he cannot take up a load of saving the market, it takes the whole effort and motivation of the community to make the market robust and continue to be in the bull run, there will be a difference now compared in 2017 because we now have a lot of fo institutions and big investors backing the market, not just old-timers, in short, we can extend this bull run as long as the adoption is in progress.

[Farma]

We don't know what will happen, but I don't think it will be like 2018. After all, Elon Musk is the most respected person right now. so, if he chooses bitcoin, then bitcoin will be something special in the eyes of many people who are not familiar with it. however, this has drawn a lot of attention to bitcoin. So, I think the dump for the next year can be anticipated.

[maydna]

We don't know what will happen, but I don't think it will be like 2018. After all, Elon Musk is the most respected person right now. so, if he chooses bitcoin, then bitcoin will be something special in the eyes of many people who are not familiar with it. however, this has drawn a lot of attention to bitcoin. So, I think the dump for the next year can be anticipated.

Yes, it will not be the same as in 2018. Bitcoin becomes more popular than the last year or two years, so the mass adoption will still grow, and that impact to the market cycles will be different from the last years. Yesterday, Elon Musk brought attention to people who don't know much about crypto, especially for bitcoin and dogecoin.

But I don't know what will happen for the next dump that can happen anytime. Hopefully, the dump will not be the same as before, and even if the price is down, it will not drop significantly like before.

[Mariana Lisa]

Elon musk recently posted a tweet on twitter that he has changed his flow of cryptocurrency price, now they investors are more interest to buy cryptocurrency.

[Anonylz]

Although Bitcoin's market usually has patterns, institutional investors are joining now in a domino effect. Expect irregular market moves since right now it's the rich moving large bags of money rather than the people. A bull run was expected by many in 2021, so what Musk has done is.. he probably just sparked the heavy bull run!

I agree, bull run was expected this year but perhaps not this early with such consistency that the market has shown since the beginning of 2021,
Elon has really ignite the flame of bull run and it started burning slowly,
the rich are the ones in play now, the reason why btc couldn't go below 30k for long, institutional investors are neck dip now so it will be hard to see a similar scenario as of 2018, the game has change.

[deathcode]

Although Bitcoin's market usually has patterns, institutional investors are joining now in a domino effect. Expect irregular market moves since right now it's the rich moving large bags of money rather than the people. A bull run was expected by many in 2021, so what Musk has done is.. he probably just sparked the heavy bull run!

I agree, bull run was expected this year but perhaps not this early with such consistency that the market has shown since the beginning of 2021,
Elon has really ignite the flame of bull run and it started burning slowly,
the rich are the ones in play now, the reason why btc couldn't go below 30k for long, institutional investors are neck dip now so it will be hard to see a similar scenario as of 2018, the game has change.

the market may actually have changed the trend. Elon makes things even more interesting. but I am sure that it is not only Elon who plays with millions of dollars. there are many traders as well as other investors who take advantage of this interesting moment.
but keep in mind, the crypto market will never be consistent. We've seen it grow and fall. don't let us regret it again. quite a lesson that makes us smarter.

[Papsie]

Yeah because Elon Musk is the whales of all whales in crypto. He can change the market trend by himself only. He can pump any coin he wants up to the percentage he wants he only needs to invest and buy those coins and it will have a sudden price value increase. Look what happened to dogecoin, I believe he doesn't just hype and advertises it, but he also bought a huge amount of dogecoin. He can change how crypto market works in an instant and that is the true power in whales.

[noahmikkel]

we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

We should be thanking Elon for being such enthusiast on Crypto, he somehow contributed on the recent BTC pump, as well as Dogecoin. Now everyone is waiting for his tweet and go crazy everytime he make some words 'bout crypto or DOGE.

[Francis Freeman]

Although I dont like what Elon Musk and is doing or the coins he is pumping we can't ignore ignore the fact that he has brought massive attention to crypto among his followers. So it's good for the field and the adoption.

[Kitaiev]

By and large, we all knew that large corporations would sooner or later turn their attention to bitcoin.
Now that it happened, we can't believe it.
Elon Musk made a sensible move and then everyone will repeat after him...