FUD: Tesla Sells BTC - My Bitcoin Buy Zone
Updated
FUD NEWS FROM ELON MUSK: Tesla sells off 1.5B USD worth of Bitcoin. Elon Musk "needs cash" but "will buy Bitcoin again" someday.
This news has caused a panic dump but I remain bullish. 1.5B sold out of the over 430B Bitcoin market cap is only around 0.345%. Not an impressive number. The dip is purely FUD. Elon Musk has a lot of sheep following his moves.
Although I remain careful not to buy within the first 3 days. FUD can be powerful.
I used Heiken Ashi candlesticks to highlight the fact that we are still in a bullish market from a weekly perspective.
1 BTC = 1 BTC
HodL
This is not investment advice.
This news has caused a panic dump but I remain bullish. 1.5B sold out of the over 430B Bitcoin market cap is only around 0.345%. Not an impressive number. The dip is purely FUD. Elon Musk has a lot of sheep following his moves.
Although I remain careful not to buy within the first 3 days. FUD can be powerful.
I used Heiken Ashi candlesticks to highlight the fact that we are still in a bullish market from a weekly perspective.
1 BTC = 1 BTC
HodL
This is not investment advice.
Note
In light of the news of ECB raising interest rates I would even buy at higher prices. New buy zone: $21800.50 - $20276.16Note
New buy zone: $21388.20 - $20488.54Note
Sorry, my mistake. $21800.50- $20488.54 is my new buyzone. We have already reached it a few hours ago. Anything below the current BTC price level is a gamble.Note
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