While Elon Musk can move whatever market he comments on in a short period of time, the longer term trend for Bitcoin is positive. The reach of Bitcoin is now closer to mainstream in the past two years than ever. PayPal, Square, Mass Mutual – all have contributed to the rise in the price of BTC. It will be interesting to see what the next couple of months bring. Thus far we've been able to stay in the $30,000 -$34,000 range pretty consistently. If that range can continue I see potential for a rise to $50,000 happening in 2021. The key for the average person is to ask , "Am I trading or investing in Bitcoin?" If you're trading, don't get caught on the wrong side of the price swing or you'll be very unhappy. If you're investing, add on the dips and repeated support levels in the $30,000 range.