BTC and TESLA COMPARISON.. FOR FUN saw on reddit
I first saw this on a reddit post, I called bs until I set some comparisons. Depends greatly on the time frame, and length you’re charting at. I love to hear people’s theories, ideas, predictions. Tell me what you think.
Post your best “Funding Secured” meme!
Looking closely, during btc rises, tsla stock either consildated or fell in late feb-mid April. And btc had the same opposing correlation. Btc consildated, or fell during tsla stock rise. During the converging of the two in June, the opposing correlation became more distract with price swings, and short interest in btc.
As I watch order books all day, I’ve noticed a strong artificial presence in btc trading on multiple exchanges, an outlandish theory.. A group of large investors manipulating btc and have been swapping in and out of tsla and btc until creating enough public short interest in btc.
This is really just for fun, I am not looking at this with any form of investment advice, or education.
Post your best “Funding Secured” meme!
Looking closely, during btc rises, tsla stock either consildated or fell in late feb-mid April. And btc had the same opposing correlation. Btc consildated, or fell during tsla stock rise. During the converging of the two in June, the opposing correlation became more distract with price swings, and short interest in btc.
As I watch order books all day, I’ve noticed a strong artificial presence in btc trading on multiple exchanges, an outlandish theory.. A group of large investors manipulating btc and have been swapping in and out of tsla and btc until creating enough public short interest in btc.
This is really just for fun, I am not looking at this with any form of investment advice, or education.
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.