It is true that Elon Musk's statements and tweets have been subjects of extensive discussion and have had an impact on various markets, including cryptocurrencies like Dogecoin and Bitcoin. However, it is important to note that while Musk's tweets may have caused short-term volatility in the crypto markets, their long-term impact on Bitcoin specifically has been relatively limited.

Bitcoin's value and market dynamics are influenced by a variety of factors, including macroeconomic trends, institutional adoption, regulatory developments, and overall market sentiment. While Musk's tweets have garnered attention and generated short-term market movements, the fundamental factors driving Bitcoin's value are much broader and encompass a wide range of market participants and influences.
Furthermore, as you mentioned, Elon Musk's influence has somewhat diminished over time, and his tweets may not carry the same weight as they did in 2021. Additionally, the cryptocurrency market has matured since then, with increased institutional participation and a growing understanding of its underlying technology. As a result, the impact of individual influencers like Musk, while still noteworthy, may be less pronounced than before.

Regarding the potential effect of Musk buying a significant amount of Bitcoin, it is plausible that such a large-scale purchase could generate short-term price movements. However, it is important to note that Bitcoin's market capitalization has grown substantially since its inception, and large individual purchases alone are unlikely to cause a significant and sustained impact on its value🙂