$BTC : Bitcoin Could Replace Tesla
A study by Standard Chartered suggests that $BTC is increasingly behaving like a tech stock and could offer investors higher returns with lower volatility if it replaces Tesla in the famous Mag 7 index.
🔹 Bitcoin shows a correlation with Nasdaq, attracting institutional capital
🔹 Adding BTC to the Mag 7B index could improve its stability and profitability
🔹 Key target — $90,000, with Bitcoin expected to rise amid Nasdaq rebalancing
Bitcoin is evolving from a mere hedge into a full-fledged asset for institutional investors.