[Daily Discussion] - Sunday, July 18, 2021 Bitcoin Markets

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[Daily Discussion] - Sunday, July 18, 2021 Posted: 17 Jul 2021 09:00 PM PDT Thread topics include, but are not limited to: General discussion related to the day's events Technical analysis, trading ideas & strategies Quick questions that do not warrant a separate post Thread guidelines: Be excellent to each other. Do not make posts outside of the daily thread for the topics mentioned above. Other ways to interact: Get an invite to live chat on our Slack group submitted by /u/AutoModerator [link] [comments]

Has anyone heard of this 'Tesla math' with regard to $30k being a breaking point for BTC? Posted: 18 Jul 2021 02:53 AM PDT There's some analysis floating around out there suggesting that if BTC falls below $30k, it'll trigger a crash. The reasoning is largely due to 'Tesla math' - the idea that this price point would put Tesla in the red with its Bitcoin investment, which is likely to lead to Tesla dumping some of its BTC. I don't think it really makes sense. I saw it here: https://tokenist.com/why-30k-is-a-crucial-threshold-in-bitcoins-ongoing-supercycle/ Anyone have any thoughts on this? submitted by /u/Some_won [link] [comments]

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