You should have attached his tweet with your post to make it more interesting.

 But that is needless to say although names of such has a huge impact with demand-based assets such as cryptocurrencies or Bitcoin to be more specific. Anyone can say the same thing but only few could really put weigh on such statement. As he have mentioned, Bitcoin will but don't expect for an instant increase. On its application, those who could wait should hold because there might be months more before we see a clear sign of recovery. But at the end of the day, elon musk does not carry the fate of this industry, things might change so you choose what to do.