Bitcoin hits $48,000 as the Tesla breakout continues

Bitcoin up by over 7% on the day

Bitcoin D1 09-02

As much as Bitcoin remains a controversial asset class in the market, the chart is one that follows a classic breakout pattern. The break above $40,000 yesterday on the Tesla news to fresh all-time highs is continuing to ramp up.

$50,000 looks to be the first obvious target but with Elon Musk in the picture, who's to say where this will all end really.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access