If you're concerned about Bitcoins fossil fuel usage but drive a fossil fuel consuming car to work or the local gym you may have bigger issues. It seems like ever since Elon Musk caught the "crypto bug" earlier this year Bitcoin and Dogecoin have been surging but not so much Tesla stock. At the end of the day Elon will do what is Best for Tesla not Bitcoin. Image is everything.
Tesla stated they aren't selling Bitcoin. If Tesla really wanted to cut ties with Bitcoin why not sell off? Tesla may not think Bitcoin is good for the environment but it certainly is good for their balance sheet. I'm sure they'll enjoy buying closer to their entry levels. Market manipulation?
We've been holding a strong support above $43,000 since February 8th of this year. Bitcoin under $50,000 is a nice buy.
Cheers! Much peace, love, health, and wealth!
Tesla stated they aren't selling Bitcoin. If Tesla really wanted to cut ties with Bitcoin why not sell off? Tesla may not think Bitcoin is good for the environment but it certainly is good for their balance sheet. I'm sure they'll enjoy buying closer to their entry levels. Market manipulation?
We've been holding a strong support above $43,000 since February 8th of this year. Bitcoin under $50,000 is a nice buy.
Cheers! Much peace, love, health, and wealth!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.