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Author Topic: Elon Musk says the price of BTC will rise  (Read 2085 times)
OgNasty
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November 30, 2022, 02:48:52 PM
 #121

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

Elon has also been pretty vocal that he thinks we're headed into a dangerous recession.  I think the yield curve would tend to agree with him.  Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates.  We've seen this all play out before.  I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right.  Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.

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November 30, 2022, 05:55:39 PM
 #122

Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.
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December 01, 2022, 03:12:42 AM
 #123


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BTC will succeed, but it may be a long winter.

Elon Musk means that Bitcoin will survive the bear market, but he did not say that the price of Bitcoin will definitely rise again, nor does he know the exact time when the bull market will come. The encryption market cannot trust anyone, don't be too influenced by Elon Musk, conduct your own research and make correct judgments.
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December 01, 2022, 02:57:19 PM
 #124

Without elon saying bitcoin rise I'm also sure that bitcoin will rise again, since I got to know bitcoin a few years ago it often experiences drop conditions like now, and when the market rises everything is fun, always optimistic about market conditions because I'm sure in 2023 the price can pass ATH in 2021.
Indeed. We know that Bitcoin has 2 market trends, bearish and bullish. Even if Elon Musk didn't state BTC to rise, most crypto investors understand that Bitcoin will rise again. There should be an end of this bearish season, probably it is when BTC halving begins. You must know the next BTC halving to happen in 2024, so I am not sure there will be a new ATH in 2023. The possible time of a big rising of BTC ideally happens in 2024-2025. It is what I know from my own analysis.



Yes, even if Elon Musk will not state that, bitcoin will always recover and rise again to repeat or exceed its last ATH. Not sure when but we just need to be patient to wait for it to happen rather than always asking when will this bearish trend will end because fact is, nobody can answer when will it end and the bull season will commence. At least now, we have a timetable because of the upcoming halving so before or after, we will see a spike. Just hodl for now.

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December 02, 2022, 03:37:24 AM
 #125

Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.


He spreads manipulative statements about cryptocurrencies mostly for his own benefit. We do not know when the winter will end, when the cryptocurrency will increase again, and there is no estimated time of arrival.
I hope the price of bitcoin will go up, all that is needed now is to accumulate more bitcoins and wait patiently for the price of bitcoin to reach the desired price.
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December 02, 2022, 06:04:45 AM
 #126

Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.


I think bitcoin will definitely go up again but we won't know when it will go up. and i think even though elon musk, didn't say on tweeter . I think bitcoin will definitely go up because we have been in a bear market for so long. so just be patient. and our need to remember that after the bear seasons, there will definitely be a bull season, right, that's the bitcoin cycle. so take it easy, as long as we invest in bitcoin.

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December 03, 2022, 12:42:47 AM
 #127

Elon has also been pretty vocal that he thinks we're headed into a dangerous recession.  I think the yield curve would tend to agree with him.  Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates.  We've seen this all play out before.  I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right.  Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.

The FED will ultimately destroy the American economy if it keeps raising interest rates. Other countries will follow suit because they depend on the US Dollar as the reserve currency. Not only a deep recession affects the workforce, but also risk assets like stocks and crypto. I believe prices will continue to go downhill until central banks stop raising interest rates for some time. While I'm confident BTC's price will rise again, it's going to take a long time before we're able to see a positive return on our investments anytime soon.

We should take this opportunity to buy more BTC at a cheap price before everything goes back up again. Who knows if making the right move today would lead you towards massive profits in the future? Just my opinion Smiley

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December 03, 2022, 07:59:56 PM
 #128

Elon has also been pretty vocal that he thinks we're headed into a dangerous recession.  I think the yield curve would tend to agree with him.  Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates.  We've seen this all play out before.  I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right.  Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.
Yep, just like he didn't realize that BTC very much follows the stock markets. I think he is confused it with gold as that's the one that has negative correlation against stock market. But then again he talks what ever his fanbois want to hear so that he can enjoy the spotlight so he could be just out right lying.


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December 04, 2022, 10:11:57 PM
 #129


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BTC will succeed, but it may be a long winter.

Elon Musk means that Bitcoin will survive the bear market, but he did not say that the price of Bitcoin will definitely rise again, nor does he know the exact time when the bull market will come. The encryption market cannot trust anyone, don't be too influenced by Elon Musk, conduct your own research and make correct judgments.

We all know that the market will surely turn to better since the market can not be like this for ever. If even though he do not choose to support the Bitcoin market, we know that the market will surely go bull and everything will be fine. We need to keep buying and holding what we have now before the market finally move bull to the upward direction.

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December 05, 2022, 02:31:41 AM
 #130

Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.

Musk acquired Twitter and is also undergoing drastic reforms. Now Twitter is more integrated into the encrypted world. At the same time, Twitter accepts digital currency payments. Send it over to consider this issue. First, Musk is the richest man in the world, and every word he says may become a weather vane for the global encryption world. Second, Musk also holds a large number of digital currencies, including Bitcoin. Many times I suspect that he is selling it at a high price and turning it into cash. Possibly for SPACE X. I support Twitter's decentralization reform, but don't like it being the biggest lie medium.
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December 05, 2022, 07:56:56 AM
 #131

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
Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know. 
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December 05, 2022, 09:39:23 AM
 #132

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
Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know. 
He has wealth but he is not capable enough to move the market in opposite direction or wherever he wants. This will obviously tell us that the market can be influenced but it can't be dictated where it goes. I know that Elon Musk is right about saying the market turn high someday but never I think he will know when. He can just predict based on his observation but yeah, that is all he can do.
I know he holds some Bitcoin, which is why he showed some concern about it unlike before were he just focus on Dogecoin.

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jaberwock
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December 05, 2022, 05:13:33 PM
 #133

Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know. 
He has wealth but he is not capable enough to move the market in opposite direction or wherever he wants. This will obviously tell us that the market can be influenced but it can't be dictated where it goes. I know that Elon Musk is right about saying the market turn high someday but never I think he will know when. He can just predict based on his observation but yeah, that is all he can do.
I know he holds some Bitcoin, which is why he showed some concern about it unlike before were he just focus on Dogecoin.
Well, he is "capable" of moving the market, and technically he wouldn't need someone else. How is that possible? Well because market listens to him, which means that if he writes "bitcoin is awesome, I am buying some more" and goes and buys 10 dollars more, technically he didn't lied, and everyone would buy, billions of dollars worth bitcoin would be bought and that would be awesome.

However, at the end of the day we are not seeing this growing to a worse place, he is not gaining more and more traction I believe, which means that eventually his tweets won't be this much of a big deal, but I am also guessing that it's still there if he wanted to use it.

Sebas.tian
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December 06, 2022, 03:56:43 AM
 #134

Bitcoin price will definitely rise, because the price will not remain low forever which investors knew, that is why potential investors are using this season to buy a huge amount of bitcoins and hold for that special day to come before they can sell to make a good incomes. Elon musk is not the founder of Bitcoin and he cannot control the price of Bitcoin to pump or dump, because he don't have the authority over decentralized currency. I think, the price of Bitcoin will return back to $40,000 soon, because the price has increased to $17,000 showed that the price will soon pump higher for both long and short term traders to achieve a good profits from their investments.

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December 06, 2022, 06:09:00 AM
 #135

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
Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know. 
He has wealth but he is not capable enough to move the market in opposite direction or wherever he wants. This will obviously tell us that the market can be influenced but it can't be dictated where it goes. I know that Elon Musk is right about saying the market turn high someday but never I think he will know when. He can just predict based on his observation but yeah, that is all he can do.
I know he holds some Bitcoin, which is why he showed some concern about it unlike before were he just focus on Dogecoin.

The price of Bitcoin is sure to rise again, but it will have to wait. People don't know the exact time when the bull trend will come. Bitcoin does not depend on anyone's words or ideas, and the encrypted market will follow the law to develop. We just have to have enough time and patience to wait for the market to return and enjoy the profits.
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December 06, 2022, 06:29:22 AM
 #136

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
The cold winter is about to pass, and BTC is about to halve, so the bull market should be coming soon. I think a large part of Elon Musk’s acquisition of Twitter is due to the investment demand for encryption. After all, the media can affect the currency price. chess.

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December 06, 2022, 07:45:27 AM
 #137

Elon has also been pretty vocal that he thinks we're headed into a dangerous recession.  I think the yield curve would tend to agree with him.  Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates.  We've seen this all play out before.  I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right.  Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.
Yep, just like he didn't realize that BTC very much follows the stock markets. I think he is confused it with gold as that's the one that has negative correlation against stock market. But then again he talks what ever his fanbois want to hear so that he can enjoy the spotlight so he could be just out right lying.


Yes, he said what people most wanted to hear. Whether it's true or not doesn't matter, no one even knows if it's true or not. This is the result of market games. It’s not something that can be decided by one person. If all the crypto big Vs say that the bull market is about to start, then the bull market will really start.
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December 06, 2022, 10:04:47 AM
 #138

Bitcoin price will definitely rise, because the price will not remain low forever which investors knew, that is why potential investors are using this season to buy a huge amount of bitcoins and hold for that special day to come before they can sell to make a good incomes. Elon musk is not the founder of Bitcoin and he cannot control the price of Bitcoin to pump or dump, because he don't have the authority over decentralized currency. I think, the price of Bitcoin will return back to $40,000 soon, because the price has increased to $17,000 showed that the price will soon pump higher for both long and short term traders to achieve a good profits from their investments.
because Elon musk is just artist of dogecoin not owner of any crypto. So, it is absolutely true that what you say, whatever the richest man (Elon Musk) says will not affect the current and future bitcoin prices.
maybe at the bullish time last year Elon made a tweet about bitcoin and after that the price of bitcoin went up very high, that was not the effect of Elon Musk's tweet but indeed it was time for bitcoin to go up high after the halving happened.

let's compare it when this winter was underway and several times Elon musk tried to tweet bitcoin again and the results were the same, it didn't make bitcoin go up high. so last year what Elon musk said was just a coincidence.
and what I know is that bitcoin will not be affected by anyone and the price of bitcoin will only increase after the halving occurs, not artist tweets

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December 06, 2022, 11:41:30 AM
 #139

Whatever Elon Musk says is his own opinion, he is not a crypto guru but a business man, even crypto gurus can't predict bitcoin right.

I won't believe in whatever people are saying, nothing is going to happen until Bitcoin halving is near the corner. I heard that Elon Musk is bringing some altcoins to twitter payment I think that's why he is bullish.

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December 06, 2022, 02:40:17 PM
 #140

we know all of that is just Fomo, especially during a bear market like this, there are lots of investors or whales who want to take profits and can buy at a lower price again after the dump,
I'm sure Elon Musk is also doing the same thing, considering he's also very good at making markets crypto Fomo, just like it did last year when Doge hit a new all time high and made a few millionaires,
and maybe Elon will do it again too, whether it's in bitcoin or maybe in altcoins.
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