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Yes social media influence the growth of Bitcoin because some people uses social media often and also now all information is now base on social media . Social media also spreads news and information widely and rapidly so that Bitcoin will grow more because of social medias influence in people. So social media is a big factor for Bitcoins growth. But it doesnt mean that all information that we get in social is always positive or help Bitcoin reputation and growth.
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Indeed Social media is very important for crypto currencies like Bitcoin. As it is for the companies to reach and interact with their and potential investors. Social media is changing the world and so is Bitcoin. The Fact that you can share knowledge/information about bitcoins in social media platform.