Elon musk changed the market circles

[plr]

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 ?

He made an impact but I doubt if he can stop a correction or a bear market, many believe him but investors will not and cannot rely on Elon Musk all the time, it still depends on big and small traders and if there are big FUDS and the bad situation just like what we've had last year because of the pandemic Elon's entry is good but cannot be sustainable in a long haul.,

[1714875744]

1714875744

[1714875744]

1714875744

[1714875744]

1714875744

[1714875744]

1714875744

[1714875744]

1714875744

[1714875744]

1714875744

[Yaunfitda]

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 ?

Bitcoin has already shift it's narrative even prior to the Elon Musk revelation (although we have been suspecting that he might be investing on crypto before this big news). So that change has been here already. But when he admitted or at least his company openly says that they have investment on bitcoin and other commodities, crypto went on another bull run so I doubt that we will see any drastic market corrections moving forward.

Why wait for bear market though, we should enjoy what we are seeing right now and then we prepare ourselves in the next coming years for the bear market. But for now, I don't see it happening soon.

[jan.nicolas]

Most traders think so only because they saw 40k and thought that this is the limit, but this is not so. As far as I know, Bitcoin makes x20 from the previous values ​​in a cycle, so I'm afraid to say these numbers, but they are huge. The market will continue to grow for a long time.

[isaac_clarke22]

~

Elon Musk, OP. To correct you.
That's what exactly I am thinking these days if people were just influenced by celebrity. That would mean that anytime the hype will just turn off and people would start exiting the market already.
I am not driven by anything from what I invest because it is merely my own money and my decision not by other people.

[silverston]

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 ?

Musk turned out to be an excellent speculator who turns the market as he wants. His brilliant idea for Tesla's $ 1.5 billion investment in cryptocurrency has fully paid off. If Apple now also invests in bitcoin (and such rumors are already circulating), then we will grow for a long time. But in any case, the market will sooner or later fall like in 2018, this is inevitable.

[cfif]

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 ?

Do you think Elon provides the Bull trend? It is mach of possible. Mask is very prominent person in the world - and MEDIA like him! Just remember about Hyperloop and project of Mars colonization. Generally this person should to turn around this world.

[JahriMeayer]

Due to bitcoin has big company and industrial support, we were predicting that if market get crash then it wouldn't go below then $20k. But this time after telsa buy billion of dollar worth bitcoin and keep supporting it.that's makes bitcoin more stronger than before and i don't think btc could go below deeply cause elon mask wouldn't want that cause if bitcoin crash like 2018, then telsa company would also face loss.undoubtedly the entry of elon mask help crypto industry to grow more

[chaser15]

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 ?

Probably yes. Elon Musk is a big thing and the current result is good.

But on the other hand, one negative view or attempt to make a panic threw by this guy, it can create havoc and that's where the community will be tested.

But don't worry. It's just my speculation. For now, I think Elon won't do such a thing. This is how manipulated the market is.

[enhu]

I didn't look at it that way but it's very timely indeed that Elon just comes in time at the very beginning of the year where most are likely speculating the bears are going to come just like Jan 2018. I'm however very positive about the market reaction when he shills for Doge and then he suddenly pushes by buying $1.5B worth of BTC. This is more of teasing the other markets that they are experiencing massive loss while the crypto sphere is having a party.

[decodx]

For now, I think Elon won't do such a thing. This is how manipulated the market is.

I don't think so either. Elon Musk said on Monday at the Clubhouse social media app that bitcoin is "on the verge" of wider acceptance among investors and he expressed strong support for the cryptocurrencies.

"I am a supporter of bitcoin. I was a little slow on the uptake," he said. And then he added that he should have bought it eight years ago.

[lalabotax]

His decision and viral tweet really influences many thinks, especially the passion of many people to folllow the FOMO and Hype of the coin. In this case, this realy influences the market. Price is increasing so significantly.

[Mr.sprin]

This human being is very influential in the crypto world. Elon Musk, one of the big investors, every word is in the spotlight and can boost the coins that are said.

[thecodebear]

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 ?

Well nobody was expecting a bear market this year. Some people seem to confuse 2020 as being like 2017 just because the big bull run started before the end of 2020. 2020 is analogous to 2016 in the 4 year cycle. 2021 is expected to be like 2017. Bear market isn't coming any time soon. Has nothing to do with Musk. Bull run is just heating up.

[Banulit]

Because of the social media hyping and shilling of elon musk, many people who are mostly newbies in the crypto world get involve in FOMOs and that creates a very unpredictable bull run which is continuously happening. Also, because of this hype we cannot even see when will be the right retracement and correction takes place so its so risky for us to get involve especially to bitcoin which is the king of all the crypto that is shills by elon musk.

[Rampagoe004]

When the powerhouse plunges into bitcoin it will change everything now elon musk is one of the most important people in crypto who can boost all fields in crypto he is able to make bitcoin up 17% and turn the always active market in a positive movement, now Tesla has made the biggest investment in bitcoin there may be surprises that will happen in the future let's wait together

[MonaLeeTracy]

I don't like what he's doing. by having a large following or funds the market he can easily play with. this is very risky for people who trade on futures trades. so many people end up getting margincall. I think Elon Musk should be more careful because before he himself had experienced a case with a tweet he made at that time about Tesla. I hope Sec can get back to calling Elon about the Tweet he made

[traderethereum]

Elon is not changing the market circles, but people want to make a change and are curious about the market, so when they know about Elon, they think that what Elon say can give them new hope.
But we agree that when Elon tweet about bitcoin and doge, people buy the coins, which lift the price to jump to the higher price.
If this can make the other big companies attract to the crypto market and invest in crypto, that can make the crypto get a good chance to rise.
It can give us a chance to profit, and the bullish trend will still be on the market.

[Becky666]

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 ?

This market at present doesn't mean it won't have a crash as often from here onward but that there will be more difficulties to what we saw back in 2018(when the market was ups-and downs). The market will be more stable as time goes on, along corrections when need arise in the process. For Elon Musk to have come into the cryptocurrency market with all his wealth means good to the entire industry, so, we should expect more of these move from Bitcoin henceforth.

[sgenuine]

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 ?

I do not think that Elon Musk can change anything on the crypto market. The only thing he does is undermine the situation in his favor, placing imaginary authorities. This is a common advertising move, advertising for which a lot of people are buying now and bringing their money to the Dogecoin team. I have doubts about this.

[Roidz]

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 ?

I do not think that Elon Musk can change anything on the crypto market. The only thing he does is undermine the situation in his favor, placing imaginary authorities. This is a common advertising move, advertising for which a lot of people are buying now and bringing their money to the Dogecoin team. I have doubts about this.

I also have the same thoughts as you, but the fact is that nowadays Elon Musk has quite an influence on crypto, especially Dogecoin, the impact of his tweet has made the price of Dogecoin soar like a rocket into the sky but we should also be careful with Dogecoin conditions like at this time because it is possible that the current increase in the price of Dogecoin is due to pump and dump groups who do this frequently.