fxstreet.com 08 Feb, 2021 15:00 am

Tesla ditches Dogecoin and buys $1.5 billion in Bitcoin instead, pushing prices to new all-time highs

Tesla ditches Dogecoin and buys $1.5 billion in Bitcoin instead, pushing prices to new all-time highs
Earlier today, Tesla announced a $1.5 billion investment in Bitcoin under a new policy and also stated that they are expecting to accept BTC as a form

Bitcoin price has surged to $45,000 following a $1.Of course, Bitcoin price reacted extremely well and pushed to new highs at $45,000.Bitcoin price surges by 17% thanks to Tesla On the daily chart, Bitcoin price had a breakout from a descending triangle pattern on February 2 with a price target of $45,000 which was just hit in the past few hours thanks to a big announcement from Tesla.BTC/USD daily chart However, given the magnitude of the announcement, Bitcoin price could continue surging even more.

5 billion investment from Tesla.5 billion investment in Bitcoin under a new policy and also stated that they are expecting to accept BTC as a form of payment soon.

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