China is a different story, they have been FUD'ing the bitcoin market since 2017.
While the latest new of El Salvador is really very welcoming for all of us.
Elon Musk is irrelevant now, he has no longer have that influence like he did in the beginning.
The latest is that about the GBTC unlocking today if I'm not mistaken, but that news seems to have only a little effect on the price. Lows of $30k has been seen, but we have recovered.
They have always done it, but somehow they still.... do it? I mean think about it, we have heard about crypto being something not liked by Chinese government for over 4 years now, they have been saying this all the time and they "banned" bitcoin many many times. I do not know what they are banning, but at the at the end of the day they are still banning like once every year for some reason, when something is banned that is banned and stays banned until you let it be, what are they doing banning it then make it legal and then ban it again?
I agree with the twitter phenoms though, we should not be focusing on them having any power, stop with giving power to those people because they will take it and use it for their own personal gain without caring about anyone else, that is not going to be something beneficial to any of us so we should ignore him.