although this time elon musk doesn't want to save bitcoin, I personally don't think it will have a big impact on bitcoin, once again I say that Elon musk's words cannot be used as a benchmark and we shouldn't take this seriously, because it has become a habit, he said always changing, I will still take this opportunity to buy bitcoin, whatever the risk in the future, I will definitely accept it.
He can't influence the mind of the people again. Perhaps, the market suffering a huge correction turning to bearish status and no one could save this, it gonna be all of us. Well, I see the participation of institutional investors has a big impact on the slow recovery but it should also need us small market players to keep the downtrend momentum stop. But on the side of Elon Musk, he gives no attention to Bitcoin, instead for Doge.
If Bitcoin will drop more and go deeper, Dogecoin still involve and see its price drop as well. It was a market chain as per to see as the entire market is relying upon Bitcoin.