Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Powerwall Made An Impact
Sean Udall, CIO of Quantum Trading Strategies and author of The TechStrat Report, wasn't as impressed with Tesla's results. He said that without the battery announcement and the commentary provided in Tesla's release, the stock would be down a minimum of 15 points."If this stock had to get by or exist without that battery announcement and commentary, I think you'd see the stock hugely lower," Udall told Benzinga.Despite this, Udall is becoming a fan of Tesla."I've been saying all along, if Tesla becomes a battery company…you have to value the stock much differently," he said. "I like companies that have the potential to create and expand huge, total addressable markets. The battery market is a huge market."Udall also thinks Tesla needs to release the Model X on time as promised. He thinks it is imperative for the company to offer another vehicle in its lineup.Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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