We entered a bear market earlier than expected

[Wind_FURY]

OP, did you actually believe a billionaire-troll in Twitter will start a bear market? Plus if the market truly crashes, then crash the market until Elon Musk cannot sell with profit. Hahaha.

HODL.

This is what people believed because every tweet he does makes people do something. If he said he is selling his coins, the orices drops to. Market doesnt look like its crumbling but it just dip.

Its not confirmed that we are yet in the bear market so we will see it when the supports on 42k will breakout, it could make traders panic.

Zoom out to the maximum, and ask yourself, is Bitcoin truly in a bear market? I believe from that context, Bitcoin looks so much like it is in a Super Cycle. Or maybe I’m only being biased because I HODL. Hahaha, but we already knew of Bitcoin’s volatility.

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[sapnu]

No matter how much influence Elon Musk has over the market or in bitcoin particularly, he still doesn't have the capability to control bitcoin completely. Indeed he can manipulate the price through his influence and money but sooner or later, bitcoin will surely recover and those like you who are saying that we have already entered the bear market will regret not choosing to hold or invest in bitcoin. Try looking at the bigger picture and you will notice how much more powerful bitcoin is compared to Elon Musk regardless of having him as a billionaire.

[perfect999]

What? He controls the Bitcoin market as well?
Bitcoin came all the way to $36k without his help. That's his entry point and that's when he purchased it. It's just FUD. Buy it. How? Buy more Bitcoin.
Again with the massive thread whenever Bitcoin falls but when it goes up most people will be silent about it while tasting their success.
They just grin in front of their computers without even making an effort to spread the good news.

But when it's bad news, they are all coming back from the dead.

Nobody can say he "controls" the market that is not possible, he definitely does have an impact but having an impact and controlling are two very different things. I personally believe Elon can drop or increase the price with a few tweets and that's true, but when we are in a bear market he doesn't take that risk and that is the proof he just has an impact and not a power.

Let's say when bitcoin bottomed as much as 34k the other day, would he have the talent to tweet about how awesome bitcoin is once again? Say something like " bitcoin miners are dangerous to world but bitcoin itself is the new currency whole world will use in the near future", that way he would have the chance to clear what he said, and clear why he still supports bitcoin itself, and that would have not increased the price at all because it was a bear run day, that is why he stayed away. Once again, he has an "impact" not control it.

[Princejebs]

I wouldn't say I'm expert but I was expecting the very moment bitcoin was unable to break $63k, not until Elon spoilt the fun of making quick cash from shitcoins.
Some investors don't want to hear this, the bear market is in already and this will take while before we break bitcoin all time.
Earlier today, there was another FUD that China raid Houbi office, I don't know how through this is but the market keep plummeting non stop. It's safer to bag some profit in usdt because of opportunity cost. Don't listen to people who always hold.

[BIT-BENDER]

I don't know if there is a record kept, but this would be the bear market that will affect so many people, after so many bought bitcoin after it kept on breaking it all time high consecutively, with the level bitcoin reached the current price, is a quick contrast to it, and the season change has dawned on the crypto-currency atmosphere, the more experience will square off this new reality professionally, for Newbies, the will bank on the knowledge they have learnt, some will panic, some won't.