Bitcoin managed to breach over resistance..we now have SUPPORT at 41,800$

First attempt was successful yesterday but it failed because of Nasdaq Netflix worries as stock plunged 35% : https://edition.cnn.com/2022/04/20/media/netflix-stock-drop/index.html

Different story today though, with Tesla: Huge success here since Tesla reports $18.76 billion in revenue and record margins in Q1: https://www.cnbc.com/2022/04/20/tesla-tsla-earnings-q1-2022.html

Looks like Elon got the job done nicely and Nasdaq correlation helped BTC over the 40 ,000 for good.

Let’s go step by step though, since Earning Season is ON and more reports will affect the prices.

In any case: BITCOIN IS OUR FAVORITE ASSET WHICH MAKES SENSE TO BUY!

Why?

The answer is INFLATION!

One Love,

the FXPROFESSOR