Twitter is a powerful tool that can be used to gauge public sentiment about investments. The social media platform is also a great way to spread information about investments, which can lead to more people investing in a particular asset.
In the case of Bitcoin, Twitter has been an important platform for people who are bullish on the cryptocurrency. Some of the most influential people in the space, such as former hedge fund manager Mike Novogratz, have used Twitter to share their positive views on Bitcoin.
However, it’s important to remember that not everyone on Twitter is an expert on Bitcoin, or any other investment for that matter. So while Twitter can be useful for getting a sense of how the public feels about an investment, it’s not always accurate.