Moshkelgosha

Intermarket analysis Tesla & Bitcoin Correlation

Short
NASDAQ:TSLA   Tesla
Tesla lost its title as the best performed stock in the last decade, will Bitcoin lose its title as the best performed asset in the last decade?
There is a strong positive correlation between Tesla stock price and Bitcoin, specially in the last trading year!
I believe Tesla will go down further (may experience some bounce backs) and couldn’t surpass its all time high in next 1-2 years. But this correlation could be warning sign for those who invested in Bitcoin recently..!
Please read my previous analysis on Bitcoin Tesla and their correlation!

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