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Author Topic: Elon Musk says the price of BTC will rise  (Read 2085 times)
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January 08, 2023, 12:51:05 PM
 #201

My assumption is that this year there will be a price recovery that will occur in bitcoin, if it follows the cycle as you said before, but it cannot be clearly predicted in what month it will occur, because my calculations in 2024 bitcoin will reach the next ATH, that means 2023 is likely to see a gradual recovery of bitcoin.
ATH occurs through larger and faster increases, but if you look at the price of Bitcoin in the past two days in a market that has tended to move slowly in terms of increases and decreases. It looks like this will be a slightly longer recovery than what was usual two years ago, although a gradual increase in Bitcoin this year is still very likely if 2024 does see the next ATH.

Entering the second week of January, the price chart is still moving as usual and yesterday it reached a price of $17k. The shortest timeframe for us to see Bitcoin move is 2024 or one more year. This is just a basic assumption from our monitoring of the market because we are also not great speculators who can guess when this situation will change and to what extent Bitcoin will reach its highest price.
Predicting changes in the Bitcoin solid situation is not easy because it is not based on anyone's guesses, but based on the buying and selling power that always occurs in the market. Right now the price of Bitcoin is still very close to $17K and if there is another bounce in the near future in Bitcoin, maybe everyone will see Bitcoin going above $17K or in the area close to $18K before entering February

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January 08, 2023, 05:39:25 PM
 #202

Even without Elon saying this I still believe that after this there will be a moment where the bitcoin price will rise. bull markets and bear markets are the life cycle of bitcoin, meaning that there will be moments when the bitcoin price goes down (a bear market) and there will be moments when the bitcoin price goes up (a bull market). all we need to do is patiently wait and continue to invest in preparation for the next phase of the bull market.

Elon is saying something that everyone knows but strangely many people still think he is a saint and believe that what he says will come true. Bitcoin is always like that, up and down, up and down, the market only has 2 cycles. If he's that good, I hope he can use magic to make the market go up immediately, then I'll believe he's a saint.

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January 08, 2023, 06:57:46 PM
 #203

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
Hopefully what Elon Musk said is true, so those who have bought Bitcoin at this time will get profits in winter with fantastic profits. But not everyone understands when winter lasts. In this case, there are various opinions about winter, so we also need clarity about Elon Musk's intentions.
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January 09, 2023, 02:45:02 AM
 #204

Entering the second week of January, the price chart is still moving as usual and yesterday it reached a price of $17k. The shortest timeframe for us to see Bitcoin move is 2024 or one more year. This is just a basic assumption from our monitoring of the market because we are also not great speculators who can guess when this situation will change and to what extent Bitcoin will reach its highest price.
Predicting changes in the Bitcoin solid situation is not easy because it is not based on anyone's guesses, but based on the buying and selling power that always occurs in the market. Right now the price of Bitcoin is still very close to $17K and if there is another bounce in the near future in Bitcoin, maybe everyone will see Bitcoin going above $17K or in the area close to $18K before entering February
The theory is like that. The rise and fall of prices is not due to speculators or anyone's guesses but because of the level of purchasing power and selling power. Therefore, further study is needed so that the selling rate can be reduced in percentage. Of course this is because we hope that Bitcoin can continue to increase in price.

The market closed the price of Bitcoin yesterday at $17,091 and the price chart to date is still increasing by 1.70%. At the time of writing, the price is $17,234.

R


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January 09, 2023, 11:52:57 PM
 #205

Entering the second week of January, the price chart is still moving as usual and yesterday it reached a price of $17k. The shortest timeframe for us to see Bitcoin move is 2024 or one more year. This is just a basic assumption from our monitoring of the market because we are also not great speculators who can guess when this situation will change and to what extent Bitcoin will reach its highest price.
Predicting changes in the Bitcoin solid situation is not easy because it is not based on anyone's guesses, but based on the buying and selling power that always occurs in the market. Right now the price of Bitcoin is still very close to $17K and if there is another bounce in the near future in Bitcoin, maybe everyone will see Bitcoin going above $17K or in the area close to $18K before entering February
The theory is like that. The rise and fall of prices is not due to speculators or anyone's guesses but because of the level of purchasing power and selling power. Therefore, further study is needed so that the selling rate can be reduced in percentage. Of course this is because we hope that Bitcoin can continue to increase in price.

The market closed the price of Bitcoin yesterday at $17,091 and the price chart to date is still increasing by 1.70%. At the time of writing, the price is $17,234.
Doesnt matter if you are a billionaire or an average joe on which all of us here on this market are speculators which means that there would be no one would be able to predict on what would be the future
prices would look like and this is why you shouldnt really be relying into others decision when it comes to investment on which there would be no guarantee that it would happen.
thing here is that these billionaires or popular people does make out some significant effect if the hype and fud do really takes  place but it is really basing up on
certain situations which it doesnt happen all the time.

R


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January 10, 2023, 07:16:40 AM
 #206

Doesnt matter if you are a billionaire or an average joe on which all of us here on this market are speculators which means that there would be no one would be able to predict on what would be the future
prices would look like and this is why you shouldnt really be relying into others decision when it comes to investment on which there would be no guarantee that it would happen.
thing here is that these billionaires or popular people does make out some significant effect if the hype and fud do really takes  place but it is really basing up on
certain situations which it doesnt happen all the time.
When it comes to spotting opportunities, each of us has a different perspective although it generally depends on the ups and downs of the price chart in the market. Agreeing or following the speculations of big figures like Mr. Elon Musk is not an experience that will be pleasant even though people like them have influence or can have an effect on a certain situation.

I also believe that we have the same outlook in assessing and navigating certain situations.

R


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January 10, 2023, 08:43:15 AM
Merited by yudi09 (1)
 #207

When it comes to spotting opportunities, each of us has a different perspective although it generally depends on the ups and downs of the price chart in the market. Agreeing or following the speculations of big figures like Mr. Elon Musk is not an experience that will be pleasant even though people like them have influence or can have an effect on a certain situation.

I also believe that we have the same outlook in assessing and navigating certain situations.
The problem of having a pleasant experience or not believing in the words of other people also varies from person to person. Because Elon Musk has also made some of his friends fun through his business and there have also been the other way around because he already believes in his words. Even though an Elon Musk just says according to what he wants in the media without having to be trusted by everyone. But when it comes to increasing Bitcoin, I also have almost the same view as him.

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January 10, 2023, 08:53:48 AM
 #208

Elon Musk is quickly losing influence after his acquisition of Twitter. His actions on the platform are often criticized by mainstream media. You can already see Tesla stock falling in price by a large margin. It won't be long enough before people stop following him soon. Who cares what Elon Musk says about Bitcoin or any other cryptocurrency, especially when Blockchain is all about decentralization? While I'm confident BTC's price will rise, we're going to have to wait a long time before the current bear market comes to an end. I'm in no hurry to see this happen as long as Bitcoin works as intended. Just my opinion Smiley

Isnt people have already stopped believing in everything he say (crypto related)? I mean when was the last time he has said something positive about crypto or at least about crypto and the market reacted positively? I cant remember the last time he really pushed the market up. I think the last time people believed in him was the time he was tweeting about Shiba Inu. Meme coin price rose up one time. And after many had lost money on that altcoins pump&dump, the trust to Elon was lost.

As to Tesla - stocks are falling, while they set records of amount of car sold. What a strange coincidence.

R


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January 11, 2023, 03:59:39 AM
Merited by fillippone (2)
 #209

People still believe Elon Musk can influence on cryptocurrencies, amazing. Those who still believe that one day Elon will come, post something and save dropping market - try to check when the last time Elon Musk really influenced cryptocurrency market. Not by increasing price by few percent's, but a significant price increase. I think it was a year ago. According to what Elon Musk does recently - it looks like his interest in cryptocurrency has decreased.
I'm also still confused by people who are fanatical about Elon Musk, he can control the price of BTC.
whereas in principle, buy cheap and sell at high prices.
Moreover, Elon Musk is a real businessman, a true capitalist.
Naturally, he bought cheap and wanted to sell at a high price.
What's not natural is why the sale was announced when BTC was about to rebound upwards, because of the news that Elon Musk was selling BTC and finally BTC's price has dropped again.

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January 11, 2023, 04:13:30 PM
 #210

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 way some investors worry about BTC seems like their investment is huge but it turns out that relatively small investors are concerned. But big investors have invested billions of dollars in Bitcoin without any tension and they believe that they will be able to get maximum profit from it in the future. Big investors are now dreaming bigger with Bitcoin. They are confident about Bitcoin. It is a fact that small investors find it difficult to keep their money for long.

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January 11, 2023, 09:29:12 PM
 #211

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 way some investors worry about BTC seems like their investment is huge but it turns out that relatively small investors are concerned. But big investors have invested billions of dollars in Bitcoin without any tension and they believe that they will be able to get maximum profit from it in the future. Big investors are now dreaming bigger with Bitcoin. They are confident about Bitcoin. It is a fact that small investors find it difficult to keep their money for long.
We know that it is situational on which not all people who had invested does have lots of money and some of it does really spend up their savings or day job salary for what they had invested which it would really be

that normal that they would really be worried that much on what they had put up and seeing the market to be that so volatile then it would be normal to have these kind of reactions.

Speaking about those big or whale investors then you cant tell that they are really that confident onto their position, they do still feel up that kind of fear and anxiety
but since they do know that they do have that financial capacity then that what makes them be able to control and made up their own decisions.
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January 12, 2023, 07:33:04 AM
 #212

When it comes to spotting opportunities, each of us has a different perspective although it generally depends on the ups and downs of the price chart in the market. Agreeing or following the speculations of big figures like Mr. Elon Musk is not an experience that will be pleasant even though people like them have influence or can have an effect on a certain situation.

I also believe that we have the same outlook in assessing and navigating certain situations.
The problem of having a pleasant experience or not believing in the words of other people also varies from person to person. Because Elon Musk has also made some of his friends fun through his business and there have also been the other way around because he already believes in his words. Even though an Elon Musk just says according to what he wants in the media without having to be trusted by everyone. But when it comes to increasing Bitcoin, I also have almost the same view as him.
The belief in Bitcoin is still the same and has not changed. Try to notice if anything has changed from the current figure of Elon Musk with Elon Musk who idolizes one of the altcoins.

When Elon Musk currently says through writing on his social media accounts about the positive future of Bitcoin, we suspect that something has made his mind change. It is likely that his views are more focused. Therefore, not everything that is said by big figures can be taken, especially regarding speculation on the price of Bitcoin.

R


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January 12, 2023, 10:04:57 AM
 #213

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
Hopefully what Elon Musk said is true, so those who have bought Bitcoin at this time will get profits in winter with fantastic profits. But not everyone understands when winter lasts. In this case, there are various opinions about winter, so we also need clarity about Elon Musk's intentions.

What if he is lying? Bitcoin's existence or disappearance does not depend on someone's words, Elon is not the creator of bitcoin and cannot manipulate it, so whatever he said has nothing to do with bitcoin.
Bitcoin will go up is something I think even a new investor knows it, no need for him to assert further, and even if he says it will go down, I bet bitcoin will go up in the long term. It looks like he's just trying to build people's trust to do something beneficial for him.

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January 12, 2023, 10:15:21 AM
 #214

That is right - he is building peoples trust; calm them down. In general, he did not say anything particular. He just said how things work - after a decrease there is always an increase (like after day comes night). He has told that the price will increase. Bitcoins November price was  around $16-16.3k. Even a slight growth will confirm that he was right. Even a $10 growth confirms that he was right. Yet lots of people saw in his words that after $16-16.3k there will be a new ATH. People will always idealize him.

R


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January 12, 2023, 10:36:50 AM
 #215

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
Hopefully what Elon Musk said is true, so those who have bought Bitcoin at this time will get profits in winter with fantastic profits. But not everyone understands when winter lasts. In this case, there are various opinions about winter, so we also need clarity about Elon Musk's intentions.

What if he is lying? Bitcoin's existence or disappearance does not depend on someone's words, Elon is not the creator of bitcoin and cannot manipulate it, so whatever he said has nothing to do with bitcoin.
Bitcoin will go up is something I think even a new investor knows it, no need for him to assert further, and even if he says it will go down, I bet bitcoin will go up in the long term. It looks like he's just trying to build people's trust to do something beneficial for him.

Elon is just manipulating the mind of the people he just use his influence to get the attention of people who always look at his fame and power as sign of intelligence. Maybe people should stop being so fanatic since this guys are using them to get million to add up on their wealth. Bitcoin pump and dump is normal cycle and I bet he just drop his prediction depends on the trend of bitcoin.

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January 12, 2023, 10:53:01 AM
 #216

The way some investors worry about BTC seems like their investment is huge but it turns out that relatively small investors are concerned. But big investors have invested billions of dollars in Bitcoin without any tension and they believe that they will be able to get maximum profit from it in the future. Big investors are now dreaming bigger with Bitcoin. They are confident about Bitcoin. It is a fact that small investors find it difficult to keep their money for long.

Small investors are usually newcomers into crypto who truly don't understand how the market works. They quickly become concerned when everything goes downhill, thinking it's the end of crypto for good. Bitcoin is usually the "face of crypto", so decaying market prices would usually give a bad impression of the whole crypto/Blockchain industry. The reason why everything is going down it's because of the deteriorating situation of the global economy. We can blame the COVID-19 pandemic and the Russo-Ukraine war for this. That, and also the fact that the Terra/LUNA implosion and the FTX collapse have made matters worse.

While I'm confident BTC will rise again, it's going to take quite a long time before the hype makes a comeback. I'd say this is the perfect opportunity to buy some "cheap" Bitcoin before it's too late. Who knows if BTC gets past $100k after this is all over? Just my thoughts Grin

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March 10, 2023, 08:09:02 AM
 #217

Well now Elon Musk is planning to build his own town. He has purchased 3500 acres in Texas in United States that he will name Snailbrook.
It is so his employees can live and work there. I think he will attach Bitcoin to this new town in some way. https://www.businessinsider.in/tech/news/elon-musk-is-reportedly-planning-to-build-a-town-for-texas-staff-complete-with-a-swimming-pool-private-compound-and-school/articleshow/98526259.cms

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