Ok, what the heck?
I just saw Tesla move from $300 in October, to over $940 recently, making it a parabolic 320% move in under 4 months.
What the heck??
Tesla's market cap has also reached $166 billion, really really close to Bitcoin's 167 billion. If this means anything, I'm definitely not getting it.
That said, Tesla didn't show signs of a breakout. It simply just broke out to the upside, and is yet to consolidate.
I'm very sure that this will make many holders rich. I bought Tesla at $250, but sold recently at $500 for some quick profits. This parabolic move up caught me off guard.
Is Tesla the new Bitcoin?
Well, obviously no.
Very surprising is the fact that Tesla sold just 400,000 cars recently, as compared to Volvo which sold much more than that, with just a few being electric.
Tesla however manages to turn out more profit than Volvo, although Volvo still pays dividends.
Not only am I confused, I am dumbfounded too.
As this move up is great for Tesla and it's holders, one look at Bitcoin's graph will make your stomach churn.
A friend of mine called this "Black Tuesday", and he's definitely right.
There are hardly any white candles on these graph, and where there are, they are thwarted by the black engulfing candles following them. This is way too much.

Tests of the latest resistance have led BTC to trade in a range, although there have been about 5 bullish confirmations till now.
I don't know what's up with the markets, and even the Picasso of Pips can't tell you.
But I'll get a good night's rest, and come back tomorrow with a detailed analysis.
Thank you for reading.