The price started to recover again above $30k, not surprised if the price goes to $32k++ this week.
Perhaps the sudden dip below $30k was due to the GBTC news or just speculators shorting bitcoin again.
As far as Elon Musk goes, he has no longer the influencer that he has before. Because we are so tired of him playing the market. He could be one master manipulator, but in due time, people with common sense will realised what he is doing.
yeah , the cause of is GBTC that offer 20 percent for bitcoin share , i hope bitcoin will recover soon , i think the support 29k or 30k is strong and who know prices already rise from 30k to up 60 before 3 month . the support 30k always can be the bottom because lot of invedtors bought bitcoin at this prices between 29k and even 33k for sure