After Musk's tough announcement to stop selling Tesla electric vehicles for cryptocurrency, Bitcoin is constantly storming. Its fall can be called one of the most rapid in recent years. We can only hope for the SEC - its decision on the Bitcoin ETF could change the situation to a favorable one.
Indeed, we cannot deny that social media still plays an active role in making things good or vice versa.
@elonmusk tweeted about tesla clearly for the purpose of profiting from the subsidies to be received from his tesla company and we understand it was done by a businessman like that and it's only natural. but the news coincided with bitcoin being banned in China and finally Donald Trump's tweet.
Bad news like this still haunts bitcoin movements because public trust can't control itself to always believe news like this without proper analysis.
sadly, in this era of progress, there are still many people who can believe the tweets of people like them and make the atmosphere uncontrollable by actions that do not analyze first. should start to break the habit and not provide a platform for them to seek profit. Stop it and don't just believe in what they are doing because this will have a bad impact in the future.