Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.
Musk acquired Twitter and is also undergoing drastic reforms. Now Twitter is more integrated into the encrypted world. At the same time, Twitter accepts digital currency payments. Send it over to consider this issue. First, Musk is the richest man in the world, and every word he says may become a weather vane for the global encryption world. Second, Musk also holds a large number of digital currencies, including Bitcoin. Many times I suspect that he is selling it at a high price and turning it into cash. Possibly for SPACE X. I support Twitter's decentralization reform, but don't like it being the biggest lie medium.