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BTC will soon be below $40,000 for good. It's time for Elon Musk to dump TSLA's BTC holdings and lock in profits. TSLA stock under pressure - another reason to sell BTC. I'm very confident this happens before the end of January 2022.

Dead Cat Bounce BTC will be below $40,000 very soon - and stay there.

Earnings Jan 27

RE: Any predictions where nasdaq support is? What I do is look at the 1-year chart and find "valleys" that are lower than todays close. Todays close 14,507. I see two prominent support levels covering the last year. May 10, 2021 at 13,430 March 01, 2021 at 12,920

Below 40,000 today.

IMO ..... the $2 spread in between the strikes is too narrow for an earnings trade. Maximum loss is below 25 and above 29. There is a very high probability T will trade below 25 or above 29 after earnings. 2) Yes

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@johnarb is smartest man in crypto.....

Dead cat bounce?

Paper trading is useless ..... for the reason you stated in the 2nd sentence.

Update. Based on the 1-year BTC chart I do believe TSLA will sell its BTC holdings. The news will come out this week - putting additional selling pressure on BTC. BTC 1-year chart. The red line is at about $31,700, which is the average price for TSLA's BTC holdings. Makes no sense to hold...

Usually when a stock drops that much it is the end for them. I think the same would apply for a crypto currency.

That was a fast bounce to $41,660. I wonder if it was a dead cat bounce?

Kevin O'Leary told an interesting story about meeting Steve Jobs. O'Leary developed software for both the PC and Mac back in the day when Mac sales were way down and Apple near bankruptcy - I think his company was one of the largest developers of software at the time. So he setup a meeting...

BTC is struggling (to me BTC is the crypto market). Everything else is OK.

IMO As far as I know TSLA average price for BTC it $31,700 (I googled it). The way BTC is selling off there is no way TSLA will let this profit turn into a loss. This will have a very negative impact on BTC causing additional selling pressure.

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The 135 weekly calls @ $1.80 will be about $35.00 tomorrow.

TSLA's BTC holdings are still doing good. As far as I know they bought at about $31,000.

Perhaps in a parallel universe.