Tesla & Meta report earnings tonight. Here's why crypto traders should care 👇
📊 Tech stocks and $BTC move together.
Earlier this week, an AI/chip stock selloff dragged BTC down to $81K.
Now BTC is at $84.5K as tech recovered.
🔹 Strong earnings → Nasdaq up → risk-on → $BTC can push toward $85K+
🔹 Weak earnings → tech dumps → BTC could retest $83K
🚗 Bonus: Tesla is one of the few big companies with Bitcoin on its balance sheet. Any change there = headline risk.
My plan: no new trades 1 hour before and after the results. Volatility spikes hunt stop-losses.
Bullish or Bearish? 👇
#EarningsSeason #Tesla #Meta #bitcoin #BinanceSquare
📊 Tech stocks and $BTC move together.
Earlier this week, an AI/chip stock selloff dragged BTC down to $81K.
Now BTC is at $84.5K as tech recovered.
🔹 Strong earnings → Nasdaq up → risk-on → $BTC can push toward $85K+
🔹 Weak earnings → tech dumps → BTC could retest $83K
🚗 Bonus: Tesla is one of the few big companies with Bitcoin on its balance sheet. Any change there = headline risk.
My plan: no new trades 1 hour before and after the results. Volatility spikes hunt stop-losses.
Bullish or Bearish? 👇
#EarningsSeason #Tesla #Meta #bitcoin #BinanceSquare