Post
Topic
Board Speculation
Re: Effect of Tesla bitcoin sale not significant
by
NeuroticFish
on 21/07/2022, 18:24:20 UTC
now on the news that Tesla bitcoin sale is affecting bitcoin market price to be decreasing

Since Tesla's sale off has already happened at least weeks ago (if not months), most have understood that this news changes nothing. Of course, some needs more time to understand that's old news.
Also.. we're still in bear market; I've said it not long ago that the recent rise can very well be just a bull trap.
And somebody has also said something interesting: literally anything can trigger the next sell off (not as news, but as pretext). Is it  the case? I don't know. We'll see.

We need more patience until we're sure the bear market is over.


PS. It was a big surprise for me that Tesla did buy high and sell low. I've been expecting them be smarter.