Yes, Musk manipulated the market. So what. For Crypto, it will be just an anecdote at the end.
So let's ignore Musk and look at the charts. We had the Corona anomaly, which gave us a very cheap Bitcoin price. :-)
After that, the price has held at the same level again. And after that, the bull run started... up to the current price level of 43K. Musk has driven the market further. Well done. Now he has made a 180 turn and what remains? We have consolidated, as predicted to the level of 43K. That's it. No more.
As I also wrote in one of my earlier post, the last is at about 30K. Currently, however, I expect a consolidation at this level and then a further upward trend.
Let's see what happens.
Happy trading. :-)
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My Post Apr 15, 2019 (2 year ago!)
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Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
BTC made 0$ to 40k$ without Musk... Bitcoin was there when Musk was not, Bitcoin will be there when Musk isnt anymore.