upper chart: Bitcoin
lower chart: Tesla
I have published multiple analyses on bitcoin and tesla and compared them before. (please check my previous analysis published on January 9th, compare Bitcoin and tesla)
Bitcoin is the best-performed Asset of the decade, and Tesla was the best until January 2021. In the last 2 months, tesla experienced a 40% crash and could not compensate more than half of the way!
If you look at bitcoin from mid-January to today, it made a very similar pattern to tesla's chart between mid-November 2020 to mid-January 2021 just before the crash!
This similarity could lead to a correction in Bitcoin down to 38-43K..!
lower chart: Tesla
I have published multiple analyses on bitcoin and tesla and compared them before. (please check my previous analysis published on January 9th, compare Bitcoin and tesla)
Bitcoin is the best-performed Asset of the decade, and Tesla was the best until January 2021. In the last 2 months, tesla experienced a 40% crash and could not compensate more than half of the way!
If you look at bitcoin from mid-January to today, it made a very similar pattern to tesla's chart between mid-November 2020 to mid-January 2021 just before the crash!
This similarity could lead to a correction in Bitcoin down to 38-43K..!
