Musk is very influential and the fact that many people are watching him (all he does) he can make the hype so easily. I don't think that this makes the market even worst but instead, I took this as an opportunity for other people notified about Bitcoin and that Elon Musk is supporting it.
But I never think that all these hypes just cause with that simple hashtags, it probably there is some reason helping it to surge. But for now, let's have to believe how crypto being played by known names in the world and how they become more influential to the market.