I am reading even more reports and news articles linking Apple (AAPL) and Bitcoin (BTC). I think there may be an announcement any day soon that they will start taking Bitcoin for their equipment. If this happens, assume that Apple will buy Bitcoin which will cause a jump in Bitcoin but may cause a slight fall in Apple stock depending on how shareholders see the move.

I will say that of course, Apple is a popular stock for retail traders, so it may make no difference or cause a surge, but if institutions don’t look favourably on the move we could see a fall, it could go either way.

What can we learn from Elon Musk?

When Tesla bought into Bitcoin, it seems the world’s press began discrediting Elon Musk. Tesla’s stock remained where it has for some time. So maybe Apple going this way will simply make no difference. But, Apple will get some stick from the usual naysayers. You know the ones who declare Bitcoin has failed.

Where I”m at, I’m increasing my holdings in Bitcoin and Apple at this stage just in case. You never know if it’s just rumours or it will actually happen.

It’s a good time to get into AAPL if you look at the chart as they are quite low. However, there could be a head and shoulders reversal pattern coming in to play. So they probably need a boost from something. The new M1 chip I notice is getting mixed reviews, some Tech types are excited by it — one Graphics software company said their software ran 4 times faster, but other software just won’t run. The New Mac OS Big Slur has left some users behind not being installable on older machines. I have a new business idea formulating around this using Linux to revitalise these machines. Pop OS is easy to use and really fast. So BTC and AAPL are the ones to watch.

https://www.ukbitcoinblog.com/general-info/aapl-apple-btc-bitcoin-get-ready-for-a-move-on-both/