Tesla, Inc.
Short

Intermarket analysis Tesla & Bitcoin Correlation

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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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