Musk spreading FUD about Bitcoin was nothing but an act of pure hipocrisy. His company Tesla already has substantial amounts of money invested into the cryptocurrency. Elon Musk's his criticism of Bitcoin's "high energy consumption" is nothing more than false propaganda to help promote carbon-neutral energy sources. After all, Tesla is all about Lithium-Ion batteries (EVs and solar energy solutions). He decided to support President Trump's political campaign in light of the failed assasination attempt.

If Trump now supports Bitcoin, so will Elon Musk. There's a high chance BTC will turn bullish during Trump's second term as President. Hopefully America embraces crypto at its fullest to avoid being left behind in the dust.