A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks
Elon Musk always trying to be relevant in every way. No doubt, he is a wealthy personality and might have the ability to move the market sometimes but he shouldn't believe that will always be the case. If he really could, let him reverse the current market trend to a full bull market, I bet he can't. This market has its circles and has always follow through and until that is done, Elon is not telling us what we already know.
He has wealth but he is not capable enough to move the market in opposite direction or wherever he wants. This will obviously tell us that the market can be influenced but it can't be dictated where it goes. I know that Elon Musk is right about saying the market turn high someday but never I think he will know when. He can just predict based on his observation but yeah, that is all he can do.
I know he holds some Bitcoin, which is why he showed some concern about it unlike before were he just focus on Dogecoin.