Tesla reached a high of almost $1000 after being at $175 less than a year ago.

FAANG stocks are up with on average 100% in the last 3 years, reaching valuations of 25-90 price/earnings. Normal historical valuations are 12-18 PE.

Chinese economy is under pressure because of fear for the corona virus. Economic growth is set to slow down and looks like it’s going to dive under 5% this year. The economy is still growing, but the speed at which it’s growing is going down over the last 15 years.

All this in combination with recessions popping up in big economies, financial problems and a failing monetary system, it forms a cocktail for bad economic times.

All this is good for Bitcoin though. For the first time since its inception it has now the chance to prove it really is gold 2.0 and is a good store of value in difficult economic times. Since the beginning of the fears for corona virus, the price of Bitcoin already rose from $6800 to $9800 at this point. The rest of the year is not looking good either, so is it prime to now attack its $20,000 all time high?

#bitcoin #stocks #cryptocurrencies

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11 COMMENTS

  1. Nice intro! Original! Keep up the good work. Your videos are always interesting, This is what young people should study toghether with the other courses. You are an example to follow. 🙂 The background don´t have to change a lot, because we see just a small part of it. And the focus has to be on the screenshots that you show. After all you have to do what feels good for you. 🙂

  3. Bitcoin's convincing breakout above the 200-day average overnight has opened the doors for a move to $10,000,  and weekly charts are also flashing strong bullish signals. The case for a quick rise to $10,000 would weaken if prices drop below the 200-day average at 8,894 with strong volumes.If the gain is held through Jan. 31, it would be the best starting month to a year since 2013. Back in January 2013, bitcoin had rallied by 54 percent.discovered.It’s only advisable to build a solid portfolio, Just like every smart investor will do. I suggest  using  Douglas’s signals and trade Patterns. His system is so efficient I grew my Holdings in less than a month from 1.5bt-7btc and I am so appreciative of his help. He is one of the few  genuinely helping amateur traders stay in profit and Y'all can reach out to him through His * Mail *(Douglastrading10@gmail. com)" or  Whatsapp +1 (832) 413-2374..

  8. The intro is nicely done, but I don't like intros. Waste of time.
    Of course Tesla has cash flow that you can value it by. And no, it is not burning money anymore. And yes, it has been growing for a long time – but the stock has not.
    Your Tesla predictions are based on Bitcoin's chart, which makes no sense, to put it nicely.
    Amazon has for the most time had an even much higher PE ratio. So it doesn't matter. You gotta look by what the market values a stock, not just look at one number.
    Apple and Microsoft are indeed way overvalued, though. Those had much lower PE ratios historically than they have now.

  9. People underrate how quickly Bitcoin will go from 2O k to 5O k and then 1OO.k. Most of the newbies have never seen a full bull market, they have no idea how much Bitcoin will pump once it gets going! Everybody said I was mad when I paid 100 dollars for bitcoin 7yrs ago. Buying below 10k is still a good plan now ? Anybody not accumulating his-her portfolio now will regret in a few months after the much-awaited Halving. It’s only smart to build a solid portfolio, Just like every smart investor will do. My approach has been to trade with Carlos Pedro and I have no regrets doing this because I have made over 8.6btc already in addition to my initial holdings by trading with his strategy and patterns. This is great for space and we need more guides like him in the crypto market. He can be reached on Telegrm @ carlos434 for insight into his trading system…

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