Tesla & Meta report earnings tonight. Here's why crypto traders should care đ
đ 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.
đč Strong earnings â Nasdaq up â risk-on â $BTC can push toward $85K+
đč Weak earnings â tech dumps â BTC could retest $83K
đ 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? đ
#EarningsSeason #Tesla #Meta #bitcoin #BinanceSquare
đ 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.
đč Strong earnings â Nasdaq up â risk-on â $BTC can push toward $85K+
đč Weak earnings â tech dumps â BTC could retest $83K
đ 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? đ
#EarningsSeason #Tesla #Meta #bitcoin #BinanceSquare