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.
Shares of Tesla, Inc. (NASDAQ:TSLA) fell Monday by more than $40 and it looks like the selling will continue.
Some have attributed the move to the company suspending its Shanghai factory expansion, while others say it's due to a deadly crash in Texas. Either way, the bears are firmly in control.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
See Also: Tech Downturn Advances, With Apple, Tesla Coming Under Early Pressure
There is a chance shares find support around the $590 level. This is where they found support and made a bottom in late March and a significant move higher followed.
Of course, there is no guarantee this happens again, but there is a good chance buyers start to come into the market if the shares do reach $590. This could cause the sell-off to end.
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.