It is a fact that both of these events are the cause of the market dip, these two events seemed to have been arranged, spreading the FUD together to make the market crash.
he was only using technical indicator as a way to analyze the market while the fact said the opposite thing. This time market is giving lots of reaction to the news. People already moved from technical to the fundamental analyzation. The latest news from elon was also giving another pressure. he is slamming bitcoin again.