🚨 Tesla Makes $122M on Bitcoin — Without Buying a Single Coin
Tesla reportedly generated around $122M in Bitcoin-related gains without purchasing new BTC, highlighting how accounting rules and existing crypto holdings can impact reported results.
📊 A reminder that corporate Bitcoin exposure isn’t always about fresh purchases—valuation and accounting treatment matter too.
MUBARAK is currently showing strong momentum, with price trading around $0.0556 after a sharp move higher.
📊 Technical Structure • Price is maintaining a series of higher highs and higher lows. • The $0.058–$0.062 area is an important resistance zone to watch. • The $0.048–$0.050 region is a key support area based on recent consolidation. • RSI is around 64, indicating positive momentum while still below the traditional overbought zone. • Recent volume expansion suggests increased market participation.
If MUBARAK can establish sustained price acceptance above the resistance area, the chart structure could remain constructive. On the other hand, losing the nearby support zone would weaken the current short-term structure.
This is technical analysis for educational purposes, not a trading signal or financial advice. Always do your own research and manage risk.