Monday, 8 February 2021

Tesla investing $1.5B in Bitcoin is certainly enough to turn my head

I do not normally talk about the news, but Tesla investing $1.5B in Bitcoin is certainly enough to turn my head. On the back of this news, and exactly one month after Bitcoin reached $42k, the price of Bitcoin surges towards $45k! We take a look at the Bitcoin logarithmic regression bands and discuss the implications of Tesla's move on potential future institutional investors and their goals of maybe buying Bitcoin one day. TA Video by Benjamin Cowen.

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