It was a good start to the week work-wise and actually got home just before 13:00 which is unusual for a Monday. With a sore eye due driving and much time on the phone/computer's screen I decided a short nap will do just to rest my eyes before I continue on what's happening in the crypto world which includes, the market, engaging on HIVE, playing Splinterlands etc.
Nap was taken, a short on as intended, the price alert of BTC breaking $42K made me literally jump out of bed! I remembered few minutes ago BTC was hovering around $38k before nap. Damn the bulls are on the loose!
The news broke when Tesla's latest SEC filing revealed that it had adopted a new investment policy in January with a new focus on investing in digital assets and gold. The filing stated that Tesla had bought $1.5 billion of Bitcoin. It added that the firm would now seek to start accepting Bitcoin for purchases of its products, namely its cars.
Source
So something was cooking after all! Having BTC move so much in a matter of minutes is crazy, you basically can not blink in this space. I am sure we saw $50k coming and it appears to be coming sooner with Musk's involvement in Bitcoin of late (tweets) and Telsa's new investment approach in digital assets and gold. The result of is to start accepting payment in Bitcoin for its products.
Bitcoin is currently trading at $43,211.19 according to Coingecko that is some pull back from its ATH $43,837 according to Coingecko, this figure might vary depending on source of exchanges/market cap.
How sustainable is this bull run remains to be seen but I'd like to be awake and not taking a nap when it goes on a crazy bull run again.
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