Intraday Market Thoughts
Bitcoin Overtakes Tesla Market Cap
by
Nov 9, 2023 11:56
"OK Ashraf we understand why you compare Bitcoin to Gold as you explained here, but why are you comparing a finited digital asset to a publicly traded company involved in so many different sectors?" . Well, Tesla combines two powerful trends: Electric cars, electric batteries and AI data/capabilities. The chart below shows the previous occasions when BTC mkt cap crossed above Tesla's to follow-through vs others when it failed. See and think for yourself. Btw, that BTC/gold ratio is now at 19.
Click To Enlarge

Latest IMTs
-
Win a Free Membership
by Ashraf Laidi | Sep 18, 2026 16:42
-
Win a Free Membership
by Ashraf Laidi | Sep 18, 2026 16:42
-
Gold Fears Japan Hike
by Ashraf Laidi | Sep 17, 2026 12:15
-
I will go Live بث مباشر
by Ashraf Laidi | Sep 16, 2026 11:26
-
ندوتي مساء الثلاثاء
by Ashraf Laidi | Sep 14, 2026 12:09





