Haha, just like I said in the previous post, Elon Musk really has the ability to manipulate the bitcoin market, just follow him at least for the moment. But this wouldn't last long; they started to hate him.
At least if you go short, you also have some money. In this market, the more you panic, the more you lose money.
Anyone can manipulate the market as long as they have a strong influence on people. They might not have that kind of huge amount of money to invest and manipulate the market, but if they have the influence, they can easily do that.
Just like Elon Musk, he's able to do this because he has a very strong influence on his huge followers on social media, especially on Twitter. So that's the thing, anytime he tweets good about Bitcoin the news spreads immediately and a lot of people start to buy bitcoin and that causes the market to go up. And whenever he tweets bad about it, the same thing happens as well, the news spreads immediately and a lot of people start selling their coins and the market will crash.