As far as I can see, Bitcoin is not destroyed. It is still thriving, although the exchange rates have dipped below $50K. Elon should worry about his crappy Tesla EVs. From what I heard, a number of major automobile manufacturers are going to enter the EV sector in a big way. There will be more competition, and there is a chance that the overpriced Tesla cars will be destroyed soon by other manufacturers such as Toyota and Volkswagen.
He might just diverting and trying to collect more cheap coins if that competition is on it's way Musk are preparing for much
wider participations might be bringing something big to this industry.
We can't conclude what inside is mind for now we are seeing impacts from whatever move he's doing along the way, but sooner
or later it will reveal what his real position.
It is possible that what Elon Musk and Tesla did not to destroy Bitcoin, because even Elon Musk certainly understands that it is impossible
to destroy Bitcoin. According to my prediction Elon Musk did that to make the Bitcoin price fall, and it proved that what he did worked,
because the Bitcoin price fell below $ 50k. So Elon Musk will take advantage of this moment to buy Bitcoin at a low price, as you say sooner
or later it will reveal Elon Musk's true position.
Do you think that after the dip, he will be able to manipulate the market further and made a change heart now saying nice words about Bitcoin? I mean there is this chance that he will buy bitcoins at this dip and then after the dip he will try to do things so that bitcoin's price will increase? I mean people, many people doesn't like what he did in the market. So I think there will be another person who will suddenly say good things, another billionaire or maybe the Queen of England perhaps, all of them might be in the same game and bought bitcoins, then one will tweet and the whole world will scramble again.