Known for his sometimes controversial, mysterious and prophetic tweets, Elon Musk remains one of the most influential people in the cryptocurrency market. Crypto community members pointed out two interesting posts that could mark the beginning and end of the bearish market.
Elon Musk, who had previously reached the top, raised Bitcoin with this mysterious tweet
On November 13, 2021, while Bitcoin was trading at almost $ 70,000, Elon Musk is a mysterious cartoon image with no details had published. It was a picture of the famous DC Comics character, Dr. Manhattan, sitting on Mars staring into the abyss.
After this post, Bitcoin lost almost 50% of its value in less than three months and billions of dollars were wiped from the cryptocurrency market. Now, Musk is posting a face-to-face version of the same character in a second tweet. The community didn’t notice anything unusual in this tweet and generally thought that Musk was just sharing a character he liked.
Dr. Manhattan turns around before turning back
On May 28, Elon Musk shared a similar photo of Dr. Manhattan currently looking at the camera, which caused a flurry of comments. Some have suggested that Musk is hinting at a reversal in the cryptocurrency market. The theory was “confirmed” after Bitcoin opened with 5% growth this week. Despite a successful opening, Bitcoin has not yet risen enough to consider a full reversal and has not even broken the consolidation channel that has formed since the beginning of May.
While there’s no way to say for sure if Musk was lucky in predicting reversal points in BTC, Tesla and SpaceX co-founder’s huge fortune It’s still hard to deny that funds and other institutional investors may have some insight into their upcoming moves.
As we have covered in Kriptokoin.com news, on May 27, Elon Musk announced on Twitter that SpaceX will soon be able to accept payments with Dogecoin. This news boosted Dogecoin price by 15%.
At the time of writing, Bitcoin (BTC) is up 4% in the last 24 hours It is trading at $30,487.77. It is currently trading at 1% green after being in the red for a short time since last week.
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