Bitcoin Pump strategy! I will not be surprised if Tesla already bought back their 10% Bitcoin that was sold to raise the profits for Tesla Q1. So a dip was essential for Tesla.
Now coming to Kathy Wood, she is still pumping at $500,000 for Bitcoin.... Listening to some of her interviews, I didn't see any base for her sayings..... She just tells buy at the dip, buy at the dip...
Now Tesla, Ark and MicRostrategies, all will be using all their energy to pump up the Bitcoin before Governments really kill this money laundering ponzy scheme. Then one fine morning, We will all hear that all these guys got out from Bitcoin and will not be shy to tell "Bitcoin was just a fun game and we are out".
Look at what China did 2 days back. Listen to what Bank of Canada governor told yesterday - "Bitcoin and crypto currency are some fancy Casino game".
Any time we can expect this thing is totally banned.... Even otherwise it will die out by itself when the Trillion dollars from helicopter reaches the hands of the major Bitcoin pumpers!