04 Feb Forget Crypto, Tesla Outperforms Bitcoin by Massive Parabolic Gains in 2020
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In the last decade, the gains in crypto assets made a huge wave of hysteria and criticism around the world. Bitcoins’ decade gain was beyond anyone’s imagination with prices below $0.1. The beginning of 2020 has been bullish with a swift rise above $9000 as well. However, there is one stock that has been making all the waves.
Tesla, led by famed entrepreneur and innovator, Elon Musk, has gained 85% since the beginning of the year.
The parabolic gains in Tesla has risen the stock to a 2.5X in value from $225 in October 2019. As recently reported on Coingape, Tesla rose to new ATH at $650 riding over short squeezes. The price of the stock continues to soar to new highs, currently at $780.
On the other hand, the year-to-date gains in Bitcoin is 30.2%. Traders are still waiting for their long orders to yield $10k. However, bears continue to show their presence on…
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