Why Elon Musk Crashed Bitcoin -- 15% Inflation On The Way

3 years ago
19

Elon Musk Bitcoin Price Manipulation -- 15% Inflation On The Way
Elon Musk just tweeted Tesla won't accept Bitcoin anymore for its environmental issues!
So Elon Musk did not know about Bitcoin energy use 3 to 4 months ago when he bought it for Tesla. This is manipulating the markets in my opinion.
Only Musk is allowed to manipulate with impunity.
Everything Elon Musk says is to manipulate prices of shares of TESLA and the price of Bitcoin. He does it with impunity while the SEC does nothing whereas if average Joe did it, they would go to jail. Musk probably sold off most of his Bitcoin holdings he bought a few months ago at the highs. Now he wants to buy again at a lower price so he opens up his mouth.
Several crypto miners are using renewable energy; but if you think that Tesla is green energy,try disposing or recycling Tesla batteries.
People are more manipulated than the markets.
Institutions will sell in waves. First wave happened. Then, they wait for people to buy the dip so their next lot can be sold for a higher price. Rinse , and repeat. They don't want it to sell all at once; they need to sap as many retail investors into this as possible to maximize their sale value.
Elon Musk knows he has the power to kill crypto and he is deciding if it's dead or a profitable dip.
Bitcoin is pure speculation and has no correlation to anything except hype.
Bitcoin is challenging all laws of nature; it will end badly I assure you.

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