Elon Musk says the price of BTC will rise

[danherbias07]

Oh, that tweet. It's not even that optimistic. He said it's going to be a long winter.
In short, he also doesn't know when the BTC price will go up again, just like every BTC investor has no idea when.

Let's not base every crypto pump and dump on him, that's the worst kind of strategy that I have heard. IMO, if that's the case then I am better off looking at market predictors and speculators, maybe they can guess better than one man making Twitter his diary.
He got lucky he pulled lots of investors from his hype last time, now I doubt it will be repeated.

[UmerIdrees]

No link to the elon's tweet = hoax.

There are a few things to note here. First, i do not care about what Elon Tweet, so this does not matter if the tweet is without the link or with the link, in both cases its a hoax.
Secondly, and more importantly, bitcoin prices are very close to the bottom and will surely rise. Even an ordinary person like me can predict that BTC will rise. There is nothing special about it. There is very little room for bitcoin to go lower and there are higher chances that bitcoin will rise in the coming days and weeks.

[ajochems]

From yesterday their is some good rise in the price of bitcoin. So many traders are started to make some new investment to the most potential coin. The people who had brought some coins during market are started to cash out their coin already. But the fact is, they need to hold for some more days to get some additional profit with the same holding coins. They need to monitor the huge amount of crypto currency profit by the holding alone. It’s right to time add some more coins to the holding crypto currency. Because we may get little more profit from the additional investment to the crypto currency.

[Ucy]

b]BTC may increase by the end of winter[/b].  He also asked everyone to be patient.  It means that the future of BTCL is very bright and its price will increase.  We are all waiting for this winter to end and the market to return to its previous form.  InshaAllah the price of BTC and digital currency will return to the previous room thanks

... may increase to how much exactly, and when precisely? The price already increased in the last 24hrs and will continue to increase. That kind of make his prediction unreliable and weak.
Bitcoin always rises and falls as long as it's alive... when will this happen precisely, he clearly doesnt know. That kind of prediction is reserved for those who are very consistent, precised, powerful and way richer.

What a childish way of "predicting" things anyway.

[dlightag]

The price of bitcoin may dropped below the current price, but it does not matter, and bitcoin is created for future financial freedom, which is nothing to be fear of, but rather to buy more bitcoin and hold for long term, or keep investing on the other alt-coins.

[fzkto]

Oh, that tweet. It's not even that optimistic. He said it's going to be a long winter.
In short, he also doesn't know when the BTC price will go up again, just like every BTC investor has no idea when.

Let's not base every crypto pump and dump on him, that's the worst kind of strategy that I have heard. IMO, if that's the case then I am better off looking at market predictors and speculators, maybe they can guess better than one man making Twitter his diary.
He got lucky he pulled lots of investors from his hype last time, now I doubt it will be repeated.

I think Elon Musk did say the obvious thing about the long winter. That is, nothing new for those people who have been in a bear phase for a year now. I also don't think it's worth paying attention to his tweets. Because of his manipulation of the market in the past, many people have lost confidence in him. I wouldn't be surprised if now, after buying Twitter, he's back to his old ways.

[virasisog]

Oh, that tweet. It's not even that optimistic. He said it's going to be a long winter.
In short, he also doesn't know when the BTC price will go up again, just like every BTC investor has no idea when.

Let's not base every crypto pump and dump on him, that's the worst kind of strategy that I have heard. IMO, if that's the case then I am better off looking at market predictors and speculators, maybe they can guess better than one man making Twitter his diary.
He got lucky he pulled lots of investors from his hype last time, now I doubt it will be repeated.

I think Elon Musk did say the obvious thing about the long winter. That is, nothing new for those people who have been in a bear phase for a year now. I also don't think it's worth paying attention to his tweets. Because of his manipulation of the market in the past, many people have lost confidence in him. I wouldn't be surprised if now, after buying Twitter, he's back to his old ways.

Elon will surely use his platform to spread manipulatory statements about cryptocurrency which I think isn't worth our attention. He has been doing such a thing for a long time for his own benefit. We already know that the price of Bitcoin will surely rise and recover but we still got no specific idea of when will it happen. We're still in the bearish season and plenty of things are still affecting its price and the crisis that we're experiencing also pulls down its value. I guess Elon's manipulation isn't reliable this time.

[jaberwock]

From yesterday their is some good rise in the price of bitcoin. So many traders are started to make some new investment to the most potential coin. The people who had brought some coins during market are started to cash out their coin already. But the fact is,they need to hold for some more days to get some additional profit with the same holding coins. They need to monitor the huge amount of crypto currency profit by the holding alone. It’s right to time add some more coins to the holding crypto currency.Because we may get little more profit from the additional investment to the crypto currency.

Oh really? But I don't hear any positive news yesterday so maybe the rise is caused by the positive tweet of Elon Musk but the recovery/rise of the price was still a bad entry point. Are these people noobs? Maybe, because I think experienced people already know the do's and don't here in cryptos. It's also too early to cash out even if you say that you buy your coins in the beginning of the bear market.

You can not earn anything if you insisted to but if you want to sell because you need money urgently then I think that can be permitted. And yes, monitoring the market is a necessary thing to do here in cryptos so that we will know if it's now ready to buy or sell.

[Odusko]

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter.  He also asked everyone to be patient.  It means that the future of BTCL is very bright and its price will increase.  We are all waiting for this winter to end and for the market to return to its previous form.  InshaAllah the price of BTC and digital currency will return to the previous room thanks

This is not a big deal, Elon musk is just an investor just like everyone else around here so we should not attach so much importance to his tweet. He did the same to dogecoin as a supporter of the cryptocurrency market, Elon musk will not desist from promoting any asset he is holding.
So Elon musk saying that Bitcoin will raise again is just a confirmation of an already known fact, and what we all need is just patience to wait for the price of bitcoin to reach the desired price of every investor.

[Rana590]

Only Elon will not be able to rise the price of Bitcoin but it is true that he is a good influencer. Global economic condition is not good at this time. I think we have to wait some more days to see big pump from Bitcoin. Besides, demand and supply of Bitcoin are good factors also to rise the price.

[Oasisman]

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter.  He also asked everyone to be patient.  It means that the future of BTCL is very bright and its price will increase.  We are all waiting for this winter to end and the market to return to its previous form.  InshaAllah the price of BTC and digital currency will return to the previous room thanks

Yes BTC will rally back up again, most probably after the next halving, but don't follow Elon that much, he's only after his personal gain. Though buying Btc at the current price is a good investment plan, but still I would not recommend following Elon.
So, go ahead and add more Btc's to your wallet while you still can at the current price.


Also, this should be posted in Bitcoin Discussion board as you're discussing about Btc.

[Fesatmas]

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter.  He also asked everyone to be patient.  It means that the future of BTCL is very bright and its price will increase.  We are all waiting for this winter to end and the market to return to its previous form.  InshaAllah the price of BTC and digital currency will return to the previous room thanks

Yes BTC will rally back up again, most probably after the next halving, but don't follow Elon that much, he's only after his personal gain. Though buying Btc at the current price is a good investment plan, but still I would not recommend following Elon.
So, go ahead and add more Btc's to your wallet while you still can at the current price.


Also, this should be posted in Bitcoin Discussion board as you're discussing about Btc.

I admit that Elon Musk has a good influence over the price of BTC or tokens. But if 100% follow and believe what he said is also not good for us. We can take advantage of that in some cases, but we can't always do that. But the fact is that many people make the benchmark of what Elon Musk said a signal that coin prices will increase. I won't blame it, but it would be better not to force what he said too much so that we can get from what he said.

[Ziskinberg]

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter.  He also asked everyone to be patient.  It means that the future of BTCL is very bright and its price will increase.  We are all waiting for this winter to end and for the market to return to its previous form.  InshaAllah the price of BTC and digital currency will return to the previous room thanks

This is not a big deal, Elon musk is just an investor just like everyone else around here so we should not attach so much importance to his tweet. He did the same to dogecoin as a supporter of the cryptocurrency market, Elon musk will not desist from promoting any asset he is holding.
So Elon musk saying that Bitcoin will raise again is just a confirmation of an already known fact, and what we all need is just patience to wait for the price of bitcoin to reach the desired price of every investor.

Might say his tweet is just normal for you but guess what, many of his followers valued and give importance to it. If you can imagine what he does to Dogecoin? It pumps because many people still believe him and we can't deny his influence not only in social media but also in the business world. And he use that influence to manipulate the market which is really right about the rise of Bitcoin someday.
Let us say that he is accumulating more Bitcoin, then we could assume that he would do something for this.

[michellee]

This time I agree with Elon. The price of BTC can increase at any time and could happen at the end of this winter. Elon can be right this time by telling everyone to be patient and that we must be patient for a while. And those who have seen this can still be patient and use the moment to increase their bitcoin amount before the price starts to skyrocket. And we will see that the crypto market will get even better so that we can get big profits.

[albon]

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter.  He also asked everyone to be patient.  It means that the future of BTCL is very bright and its price will increase.  We are all waiting for this winter to end and the market to return to its previous form.  InshaAllah the price of BTC and digital currency will return to the previous room thanks

All we have to do is be patient. Patience is key to success in a bear market. You're either panic selling, panic buying, or holding on for better days. Our decisions now greatly affect our bull market success. We cannot take Musk's words seriously because he is not a fortune teller or an analyst, so only his words give us hope, But this does not mean that we risk all our capital, we know that the cryptocurrency market is risky, so we must invest what we can lose and hold our currencies for the bull run, but only promising and safe currencies such as BTC and ETH and we constantly monitor the market and that is enough.

[asyakashi]

Everyone expects Crypto to return to its best growth after facing this long bear market. I hope that in the future we can enjoy the crypto market with healthier and more stable growth considering that Elon Musk is also here. Due to the limitations between these two crypto seasons it seems unfair in my opinion, because the bear market is very long whereas the bull market is very difficult.

[el kaka22]

We should realize two things about this situation and they are very important. One lesson we need to take out from this tweet is that "any" tweet could be tweeted about bitcoin and should not be cared unless it’s a legal one. I understand if Biden or any other government person comes out and says something positive regarding crypto in a law manner would be good, because it’s the law, and being positive with regulations would be awesome.

However, anything else, just a "it's a good thing, it will go up" etc etc, all of them are useless, no matter who tweets them. Secondly, it could be long or short winter, it has already been quite long, but the key here is that it will go up, maybe in 2025, maybe in one week, but it WILL go up.

[Dave1]

Everyone expects Crypto to return to its best growth after facing this long bear market. I hope that in the future we can enjoy the crypto market with healthier and more stable growth considering that Elon Musk is also here. Due to the limitations between these two crypto seasons it seems unfair in my opinion, because the bear market is very long whereas the bull market is very difficult.

We haven't even finished this year, and we still have next year for a bear market.

So I don't think that everyone is expecting crypto to return to its growth, unless you are really a newbie in this market and thinks that bear market is not going to last. It will be a long and hard grind for everyone here as 2023 will continue to be this bad. As for Elon, I think he can no longer influence the price of Bitcoin with this tweet or something. The only thing that I can see him move the price if he says that he bought billions worth of bitcoin. But it's not going to happen, on the contrary he sold a lot to acquire Twitter itself.

[Metroid]

yes in 2025 if it doesnt die first.

[o48o]

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter.  He also asked everyone to be patient.
-cut-

Ok, so others should be patient while Tesla sold rest of their crypto this year?
This is obviously just Elon wanting some crypto community love again and i am betting that at the same time he is looking for liquidity pump to dump his personal crypto bags on. Because he said he won't be selling his personal crypto bags just while ago. Just like when he said that Tesla wouldn't be selling.

This will most likely have an opposite effect again. Meaning we will just go down another (last) leg before the bottom.